2019-195 DME Administration Division Expenditure DetailDate: December 6, 2019 Report No.: 2019-195
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Denton Municipal Electric (DME) Administration Division - Expenditure Detail
BACKGROUND:
During the December 3, 2019 City Council meeting, Council Member Briggs requested a
detailed list of expenditures included within the Administration Division of DME. The table
below summarizes expenditures by category, please let me know if you need further information.
Administration Expense Detail FY 2018-19 Estimate FY 2019-20 Budget
Personnel Services $ 1,214,430 $ 1,503,815
Material & Supplies 76,830 60,666
Maintenance & Repair 4,540 75,000
Insurance 21,202 59,871
Return on Investment (ROI) 6,309,369 6,613,804
Franchise Fee (FF) 9,008,064 9,448,292
Miscellaneous 54,874 55,021
Operations (1) 1,281,056 2,552,844
Debt Service (2) 37,100,362 37,450,771
Inter-fund Transfers (3) 22,902,100 7,834,937
Total $ 77,972,827 $ 65,655,021
(1) Consultant/Professional Services and Bad Debt
(2) Excludes Denton Energy Center (DEC) Debt Service
(3) Revenue Funded Capital, Indirect Cost Allocation Transfers (i.e. General Fund, Tech.
Services)
REQUESTOR:
Council Member Briggs
PARTICIPATING DEPARTMENTS:
Finance
STAFF TIME TO COMPLETE REPORT: The estimated amount of cumulative staff time to
complete the report is 1 hour.
STAFF CONTACT:
Nick Vincent
Assistant Director of Finance
(940) 349-8063
nicholas.vincent@cityofdenton.com