Enterprise Funds


Overview

Enterprise Funds are established to provide accountability for expenditures and revenues of various operations and programs that are primarily financed through user fees. Enterprise Funds are an excellent budgetary method to determine the revenue to expenditure ratio, performance level and financial status of specific operations. The Enterprise Funds category includes:


  • 410 | Sanitation Fund
  • 420 | Cemetery Fund
  • 440 | Stormwater Drainage Fund
  • 490 | Utility Fund
  • 491 | Utility Impact Fee Fund

Adopted budgets for the Enterprise Funds are summarized on the next several pages.

Revenues vs. Expenditures

Revenues vs. Expenditures

410 | Sanitation Overview

The Sanitation Fund provides for the City's solid waste, trash, recycling collection operations and the cleaning of City facilities. There are no changes in the Sanitation rates for FY 2023-24.


The Sanitation Fund expenditure budget of $8,803,321 decreased by $223,644 or 2% due to replacement vehicles that were purchased in the prior year.

Sanitation Fund Revenues vs. Expenditures

Sanitation Fund Revenues vs. Expenditures

420 | Cemetery Fund Overview

The Cemetery Fund accounts for the improvements and ongoing operation of the municipal cemetery. The Cemetery Fund expenditure Budget of $714,146 increased $4,656 or 1% primarily due to an increase in horticultural supplies.

Cemetery Fund Revenues vs. Expenditures

Cemetery Fund Revenues vs. Expenditures

440 | Stormwater Fund Overview

The Stormwater Drainage Fund provides for the City’s storm water management operations. The City has implemented a community-wide program to improve drainage and mitigate flooding, in addition to improvement of stormwater quality.


The Stormwater Drainage Fund Expenditure Budget of $5,506,101 decreased $1,000,978 or 15% due to a decrease in capital outlay.

Stormwater Fund Revenues vs. Expenditures

Stormwater Fund Revenues vs. Expenditures

490 | Utility/ 491 | Utility Impact Fee Fund Overview

The Utility Fund is an Enterprise Fund that accounts for the City’s water utility, capital facilities and plant operations, as well as for the operations and maintenance of the City's sewer collection system and capital facilities. Water operations include water production, distribution, and facilities maintenance. Sewer operations include the monitoring, repair, and maintenance of wastewater pumping stations as well as sewer line replacement and rehabilitation.


Under a Federal Agreement with the U.S. Environmental Protection Agency (USEPA), the City of Hollywood provides treatment and disposal for all sewage in the City of Hallandale Beach and other surrounding communities at the Southern Regional Wastewater Treatment Plant.


The Utility Fund Revenue Budget of $38,081,339 increased $1,509,452 or 4% above the prior year primarily due to an increase in charges for services for 2023 revenue bonds that are to be issued late summer of 2023.


The Utility Impact Fee Fund Expenditure Budget of $520,000 due to approved development projects.

Utility Fund Revenues vs. Expenditures

Utility Fund Revenues vs. Expenditures

Utility Impact Fee Fund Revenues vs. Expenditures

Utility Impact Fee Fund Revenues vs. Expenditures