Page 282 - Southlake FY20 Budget

Technology Infrastructure and Security Fund

Technology Infrastructure & Security Fund

The Technology Infrastructure and Security Fund was created in FY 2017 to build capacity for current and future technology
needs. Expenditures in this fund are used to maintain, enhance and replace technology infrastructure and enterprise software
GENERAL FUND
to ensure the City receives the most reliable and best value with technology investments. In order to keep up with the increasing
Technology Infrastructure and Security Fund
number and complexity of security threats, this fund also supports technology security projects and programs.
2020 Proposed and 2019 Revised Budget
06:04 PM
08/11/19
$ Increase/ $ Increase/
2018 2019 2019 (Decrease) % Increase/ 2020 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Miscellaneous 550,881 530,000 420,000 (110,000) -20.8% 420,000 (110,000) -20.8%
Interest 17,144 7,500 55,000 47,500 633.3% 52,500 45,000 600.0%
Total Revenues $568,025 $537,500 $475,000 ($62,500) 0.0% $472,500 ($65,000) -12.1%

EXPENDITURES
Cutomer Enhancements 0 0 - (0) -100.0% 21,338 21,338 213379900.0%
Information Security 0 0 99,696 99,696 996959900.0% - (0) -100.0%
Business Contunity 492,186 670,724 492,247 (178,477) -26.6% 441,500 (229,224) -34.2%
Security Equipment and Infrastructure 282,361 0 5,998 5,998 59979900.0% 712,000 712,000 7119999900.0%
Technology Infrastructure 528,610 975,000 1,047,783 72,783 7.5% 1,290,305 315,305 32.3%
Total Expenditures $1,303,157 $1,645,724 $1,645,724 ($0) 0.0% 2,465,143 $798,081 48.5%

Net Revenues ($735,132) ($1,108,224) ($1,170,724) ($62,500) ($1,992,643) ($884,419)

Transfer from other funds $2,000,000 $2,000,000 $2,000,000 $3,500,000
Transfer to other funds - - - -
Total Other Sources/(Uses) 2,000,000 $2,000,000 $2,000,000 $3,500,000

Beginning Fund Balance $736,729 $2,001,597 $2,001,597 $2,830,873
Ending Fund Balance $2,001,597 $2,893,373 $2,830,873 $4,338,230

FY 2020 Highlights:

• The Technology Infrastructure and Security Fund was created in FY 2017 to build capacity for current and future
technology needs. Expenditures in this fund are used to maintain, enhance and replace technology infrastructure
and enterprise software to ensure the City receives the most reliable and best value with technology investments.
In order to keep up with the increasing number and complexity of security threats, this fund also supports
technology security projects and programs.

• We are proposing a transfer of $3,500,000 from the Strategic Initiative Fund to maintain adequate funding.

• Total planned expenditures for this fund are $2,465,143, which includes items to enhance customer experiences
and security, funds to ensure business continuity, and information technology infrastructure.

• The ending fund balance is projected at $4,338,230.

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