SPECIAL FUNDS
Fund 574: FLEET SERVICES FUND The Fleet Services Fund is the operating fund that provides for all vehicle maintenance, fueling, and vehicle replacements. In addition to vehicles, this fund accounts for the replacement, ongoing maintenance, and operation of significant equipment. Significant equipment is defined as equipment costing $5,000 or more and has a useful life of more than two years. The useful life assigned to significant equipment is based upon established City policy and is consistent with generally accepted equipment life cycles and/or based upon City experiences. Fleet Services manages and maintains the City's fleet vehicles and equipment. Rental rates are charged to the user departments, and are designed to recover the associated replacement, maintenance, and fuel costs for vehicles. Rental rates, based on the Fleet Fund's operating budget and costs, are included in each department's budgeted expenditures.
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FY 2023-25 Adopted Budget
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