Page 12 - Proposed budget cover and insert sheets

CITY OF HURST
FY 2025 - 2026 ADOPTED BUDGET
FLEET SERVICE FUND
REVENUES AND EXPENDITURE SUMMARY
The Fleet Services Fund is used to account for the acquisition and financing of vehicles (new and replacement) in the General Fund and
the maintenance, repairs, and operating expenses of all vehicles. As an Internal Service fund, Fleet Services receives its operating fund
revenues from reimbursements charged to user departments. The formula developed for the charge back system is designed to
generate a dollar amount over the life of any given vehicle equal to the total operating expense associated with that vehicle and the
replacement cost of that vehicle. For Fiscal Year 2024-2025, the Equipment Service Division will service and maintain 276 pieces of
Machinery & Equipment (including vehicles).
FY 2025
FY 2022 FY 2023 FY 2024 FY 2025 FY 2025
LINE ITEM DESCRIPTION ADOPTED
ACTUALS ACTUALS ACTUALS BUDGET ESTIMATES
BUDGET
REVENUES

INTEREST 25,482 68,029 214,331 200,000 289,727 175,000
OTHER REVENUE 17,725 1,705 301,224 78,500 241,915 32,000
INDIRECT COST ALLOCATION - STO 55,000 57,080 58,549 66,506 66,506 66,506
INDIRECT COST ALLOCATION - CVF 26,943 27,962 26,943 26,943 - -
INDIRECT COST ALLOCATION - FLE 112,046 116,304 112,046 127,273 127,273 127,273
INDIRECT COST ALLOCATION - CS 72,599 75,344 77,283 87,786 87,786 112,786
INDIRECT COST ALLOCATION - AC 94,335 97,902 99,957 113,541 113,541 113,541
MOTOR POOL-GENERAL FUND 1,301,495 1,350,707 1,384,936 1,573,151 1,573,151 1,678,150
MOTOR POOL-ENTERPRISE FUND 89,049 85,525 98,377 121,314 121,314 124,031
TRANSFER IN - - - - -

TOTAL REVENUES 1,794,674 1,880,558 2,373,646 2,395,014 2,621,213 2,429,287

OPERATIONAL EXPENSES
PERSONNEL EXPENSES 395,890 447,287 415,694 459,360 468,981 479,847
MATERIAL AND SUPPLIES 479,326 501,548 525,271 591,655 550,195 601,955
MAINTENANCE 55,958 86,471 142,734 103,540 297,740 208,240
SUNDRY CHARGES 588,017 646,315 789,224 762,293 1,013,263 1,008,015
INTERNAL SERVICES 28,917 31,085 34,194 34,194 38,000 38,000

TOTAL OPERATIONAL EXPENSES 1,548,108 1,712,706 1,907,117 1,951,042 2,368,179 2,336,057

RESERVE FUNDED REPLACEMENTS 251,570 230,488 1,306,661 349,452 1,097,127 949,781
LESS DEPRECIATION 283,690 331,599 453,907 411,420 655,795 639,038

TOTAL NET OF DEPRECIATION 1,515,988 1,611,595 2,759,871 1,889,074 2,809,511 2,646,800