Page 88 - CityofEulessFY26AdoptedBudgetOrdinance2432
P. 88
MEMO
TO: Chris Barker, City Manager
FROM: Kyle McAdams, Fleet and Facility Director
DATE: July 25, 2025
SUBJECT: Projected Equipment Replacement Fund
Beginning working capital available as of October 1, 2024 $ 25, 695, 801
REVENUE:
Depreciation $ 4, 851, 058
Car Rental Fund Contribution $ 1, 116, 104
Salvage Sales ( estimated) $ 50, 000
Interest/ Misc. $ 747, 090
Total Revenues: $ 6, 764, 252
TOTAL FUNDS AVAILABLE $ 32, 460, 053
EXPENSES:
Replacement Vehicles, Equipment, and Assets $ 3, 158, 454
Total Expenses: $ 3, 158, 454
ESTIMATED ENDING BALANCE SEPTEMBER 30, 2025 $ 29, 301, 599
ESTIMATED REVENUE
Depreciation $ 5, 092, 955
Car Rental Fund Contribution $ 1, 153, 823
Salvage Sales ( estimated) $ 50, 000
Interest/ Misc./ One- Time Transfer $ 1, 597, 672
Total Revenues: $ 7, 894, 450
ESTIMATED TOTAL FUNDS AVAILABLE: $ 37, 196, 049
ESTIMATED EXPENSES:
Replacement Vehicles $ 6, 911, 154
Replacement Equipment $ 1, 728, 750
Remodel / Improvements $ 993, 000
Alternative Fuel Conversion $ 10, 500
Total Expenses: $ 9, 643, 404
ESTIMATED ENDING BALANCE SEPTEMBER 30, 2026 $ 27, 552, 645
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Ordinance No. 2432, Page 82 of 474
