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HomeMy WebLinkAboutIR 8773To the Mayor and Members of the City Council "fieSUBJECT: FUEL MANAGEMENT 1r, 107's T 0 i XME ' IIM# =11M� The purpose of this report is to provide the City Council with information relative to fuel consumption and management and the impact of fuel prices on the City of Fort Worth budget. This report includes current fuel information along with the methods that the departments are using to conserve fuel and the Equipment Services Department is using to minimize the fiscal impact of fuel price increases. Fuel prices have escalated over the past few years, This upward trend can be noted following chart (milestones in fiscal quarter). The spike in fuel prices is associated with thq natural disasters in September 2005. FUEL PRICES The latest Monthly Financial Report noted that one major reason for some departments being over budget vows related, to fuel costs, Re-estimates show a 42% increase in pro'ected current year co its over the current year budget, ISSUE D BY THE CITY MANAGER FORT WORTH, TEXAS I The next chart indicates the unleaded and diesel fuel costs for FY 2004-05, budgeted and re- estimated costs for the current fiscal year, and projected fuel costs for FY 2006-07. Fuel cost increases are significant and reflect an increase of $2.57 million from budget to projected. Barring changes in more than two economic factors, the projected budget should align the City budget with a significant increase and continuing upward trend in fuel prices. FUEL COSTS methods of managing fuel (,-.- st s is in the acquisition of BUDGETVY 2005/06 RE-ESTIMATE FY 2005/06 MMUZ�1 i1115 City Unleaded $1,124,145.00 $1,573,76100 $1,969,858.00 Rims-=- 0. $2,286,543.00 Change from Budget 20111 . 0 3 • 1 - • Methods - - � i ' men t Services to Key Fuel 'gists Down One of the primar-y methods of managing fuel (,-.- st s is in the acquisition of fue-1, The Equipment Services Department has a purChase agreement forf"luel' that 13 other entities use to allow for volume disGounts in fuel purchases, Some of the enass es associated vvith the City ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS Ems= Another method of managing fuel costs is through educating city staff on proper operation of vehicles. The Equipment Services web page regularly posts new it savings tips. Also, proper operational methods are communicated to the departments through their fleet managers. Should you have any questions regarding this report please contact Wayne Corum, Acting Equipment Services Director, at 817-392-5118 or me. Charles R. Boswell City Manager ISSUED BY THE CITY MANAGE O W WORTH, TEXAS