Page 319 - Southlake FY20 Budget

Special Revenue Funds

• Crime Control and Prevention District (CCPD)
The half-cent sales tax collection to fund the Crime Control and Prevention District began in April 1998, with
the first sales tax check received in June 1998. State law provides that a district’s initial life is limited to five
years. Voters may continue the district by approval of a referendum. In February 2002, Southlake voters
approved the continuation of the CCPD for 15 years and in May 2015, voters approved the reduction of the
sales tax to 1/8 cent. This fund has been used to build facilities for and support the Department of Public
Safety. This fund also supports the City’s School Resource Officer Program.

• Hotel Occupancy Tax
The Hotel Occupancy Tax is authorized under the Texas Tax Code, Chapter 351. The City of Southlake adopted Ordinance
No. 769 in February 2000, levying a 7% tax on room receipts. The tax on rooms at the Hilton Hotel in Town Square is
providing the revenues to the City in this category. The first expenditures from this fund were made in FY 2008. Use of
these funds is restricted. Expenses must be authorized uses under the Texas Tax Code, Chapter 351.

• Library Donations
This fund accounts for library donations collected. Use of these funds is restricted for library purposes.

• Park Dedication
This fund accounts for dedication fees on new development. Use of park dedication fees is restricted to park
improvements and primarily used for capital expenses.

• Parks and Recreation Fund
This fund accounts for resources restricted for use by the Community Services department. Such funds include
event and other sponsorship funds collected through the City’s sponsorship program.

• Public Art
The Public Art Fund was established to account for funding that is available for the promotion, creation, and/
or installation of public art throughout the City of Southlake.

• Recycling
This fund accounts for an annual payment to the City made by the City’s solid waste services provider, per the
terms of the service contract.

• Red Light Camera
This fund accounts for funds collected from violations issued from the City’s red light enforcement camera system.
Funds collected by the City of Southlake as a result of violations/citations issued must be used for traffic safety
programs, per State law.

• Reforestation
This fund accounts for monies derived from assessments related to the tree preservation ordinance and
policies.

• Southlake Parks Development Corporation (SPDC)
The Southlake Parks Development Corporation was formed when Southlake voters approved the special levy
of a half-cent sales tax in the mid-1990s. The half-cent, which generates about $5 million per year, is dedicated
toward the acquisition and development of Southlake’s park land. The specific projects are identified in the
City’s Capital Improvements Program (CIP). The City may spend the funds for operational or capital projects.

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