Enterprise Funds

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.

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 2022-23.

The Sanitation Fund Expenditure Budget of $9,026,965 increased $2,314,281 or 34.48%.

The Cemetery Fund accounts for the improvements and ongoing operation of the municipal cemetery. The Cemetery Fund expenditure Budget of $714,146 increased $373,452 primarily due to an increase in operating costs.

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 $6,507,079 increased $2,037,027 or 45.57%, primarily because of a increase in capital costs.

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 $36,571,887 increased $3,041,379 or 9.07% above the prior year primarily because of use of reserves.

The Utility Fund Expenditure Budget of $36,571,887 increased $3,041,379 or 9.07%, primarily because of capital outlay.