Page 262 - Southlake FY20 Budget

General Fund Summary
General Fund Expenditures

GEnERAL FUnD SUmmARY

General Fund

$ Increase /
2018 Actual 2019 Adopted 2019 Amended (Decrease) % Increase/- 2020 Adopted $ Increase / % Increase/-
Decrease
Decrease
(Decrease)
Adopted
Ad Valorem Taxes $24,028,296 $25,484,087 $25,735,500 $251,413 1.0% $25,285,331 ($198,756) -0.8%

Sales Tax 14,111,662 14,258,750 14,700,000 441,250 3.1% 15,000,000 741,250 5.2%

Franchise Taxes 2,972,143 3,066,261 3,153,370 87,109 2.8% 2,976,885 (89,376) -2.9%

Fines 1,236,846 1,309,000 1,224,000 (85,000) -6.5% 1,209,000 (100,000) -7.6%

Charges for Services 1,330,915 1,229,000 1,155,762 (73,238) -6.0% 1,193,751 (35,249) -2.9%

Permits/Fees 2,046,778 1,940,700 2,207,900 267,200 13.8% 1,772,400 (168,300) -8.7%

Miscellaneous 460,662 361,000 337,800 (23,200) -6.4% 348,000 (13,000) -3.6%

Interest Income 235,986 135,000 425,000 290,000 214.8% 400,000 265,000 196.3%

Total Revenues $46,423,288 $47,783,798 $48,939,332 $1,155,534 2.4% $48,185,367 $401,569 0.8%

EXPENDITURES

City Secretary $451,991 $525,624 $529,124 $3,500 0.7% $527,181 $1,557 0.3%

Human Resources 762,203 820,876 $853,526 32,650 4.0% 866,157 45,281 5.5%

City Manager 928,505 975,301 988,032 12,731 1.3% 1,034,611 59,310 6.1%

Information
Technology 1,853,510 2,118,827 2,137,092 18,265 0.9% 2,858,866 740,039 34.9%

Communications 406,178 451,642 454,187 2,545 0.6% 486,472 34,830 7.7%

Support Services 1,309,377 1,429,329 1,429,226 (103) 0.0% 1,781,845 352,516 24.7%

General Gov. Total $5,711,764 $6,321,599 $6,391,187 $69,588 1.1% $7,555,132 $1,233,533 19.5%

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