Page 29 - CityofKennedaleFY26AdoptedBudget

Within this document, you will see account codes. The first 2 digits represent the fund, the
next 4 digits represent the object, the next 2 digits represent the department, and the last 2
digits represent the program.

A sample account code of 83-5290-01-00 EXPENDABLE SUPPLY would be for fund 83 -- Tree
Restoration Fund, Object 5290 Expendable Supplies, department 01 and no program.

A list of the funds is as follows:

01 General Fund 15 EDC 35 Disaster Recovery
02 Debt Service 16 Court Technology 40 Grants

04 Capital Projects 18 Juvenile Cash Manager 41 Park and Other Donations
05 Capital Replacement 19 Court Building and Tech 45 Roadway Impact Fee
07 Stormwater Utility 21 TIF #1 New Hope 61 Water Impact Fee
10 Water/Sewer 30 Hotel/Motel Tax 62 Sewer Impact Fee

12 Court Security 31 Police Seizure 83 Tree Restoration
13 Capital Bond 32 Library Building 85 Unclaimed Property
14 Park Dedication 34 LEOSE Police Training 95 EDC Bond Reserve Fund

The object code represents the type of revenue, incoming transfer, expense, or outgoing transfer. The
list of object codes are shown in the appendix of this document.

BUDGET PROCESS/TIMING

The development of the Annual Budget is governed by formal policies, accepted practices, and
the City’s budget principles – foremost of which is a balanced budget where revenue is equal to
or greater than operating expenses, with unassigned fund balance being utilized for one-time
capital purchases or street repair. The budget process is designed to meet the needs of the
community by allocating sufficient resources to support the planning and implementation of
services, programs, and objectives. The budget is built with the following purposes in mind:
 Establishes a plan of operation, which allocates resources of the City to achieve
specific goals and objectives and guides the City’s activities;
 Provides management information as a comprehensive recording of information;
and,
 Establishes financial control through prioritization of programs/projects.

CITYOFKENNEDALE.COM/FINANCE 28