Page 264 - 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
Library Services 734,793 793,903 837,981 44,078 5.6% 811,072 17,169 2.2%
Community Svcs.
Total $5,750,941 $5,962,023 $5,846,588 ($115,435) -1.9% $6,058,456 $96,433 1.6%

Total Expenditures $37,561,818 $39,884,408 $39,884,408 ($0) 0.0% $41,869,166 $1,984,758 5.0%

Net Revenues $8,861,470 $7,899,390 $9,054,924 $1,155,534 $6,316,201 ($1,583,189)

Lease Proceeds $0 $0 $0 $0 $0

Transfers In 1,956,616 2,121,492 1,986,391 (135,101) 2,089,357

Transfers Out ($10,705,000) ($9,635,000) ($12,780,000) (3,145,000) ($8,050,000)

Total Other Sources
(Uses) ($8,748,384) ($7,513,508) ($10,793,609) ($3,280,101) ($5,960,643)

Beginning Fund
Balance $11,757,801 $11,870,887 $11,870,887 $10,132,202

Residual Equity
Transfer $0 $0 $0

Ending Fund Balance $11,870,887 $12,256,769 $10,132,202 $10,487,760

Fund balance
percentage 31.60% 30.73% 25.40% 25.05%

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