Page 13 - CityofKennedaleFY26AdoptedBudget

One measure of the city’s financial strength is its general fund balance level. The city's financial policy
mandates a minimum of 18% for the general fund balance. We budget to surpass this minimum and aim to
exceed 25% of the reserve fund. The water and sewer funds exceed the minimum standard as well.

Fund type FY2024/2025 FY2025/2026 NUMBER OF DAYS AMOUNT

GENERAL FUND $3,332,285 $4,417,329 106 29%

WATER/SEWER $2,044,222 $3,166,302 61 17%

STORMWATER $1,214,368 $1,180,759 399 810%

ECONOMIC $2,055,365 1,766,217 288 79%

DEVELOPMENT

The reserve fund generates interest, improves cash flow, and is accessible for unexpected expenses or city-

wide emergencies. As a non-recurring revenue source, parts of the initial fund balance may be allocated for
capital or other one-time expenses.

City Personnel

In 2024, a committee of employees and department heads was asked to create an acronym identifying our
commitment to serving our community. The committee chose the word PURPOSE and the acronym, which

represents the following service and customer-based ideals:

Professionalism- Visibly displaying and promoting the organization's values through conduct or professional
and personal advancement.

Understanding- Demonstrating responsiveness, empathy, and compassion when addressing the needs of

customers and co-workers.

Respect- Demonstrating a high regard for and attention to the thoughts and opinions of others.

Positive Influence- Maintaining professionalism and a helpful demeanor towards others at all times.

Outstanding Service- Going above and beyond the status quo when providing customer service or in the

performance of work responsibilities.

Supportive- Providing encouragement and commitment to fellow staff members and working as a team to

further the mission and vision of the city.

Excellence- Exhibiting exceptional performance, work ethic, and being an example for others to follow.

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