Page 333 - Southlake FY20 Budget

Special Revenue Funds

Commercial Vehicle Enforcement Fund

SPECIAL REVENUE FUND

This fund accounts for fines collected from commercial vehicle violations. Use of these funds is restricted for
Commercial Vehicle Enforcement
commercial vehicle enforcement, per State law.
2020 Proposed and 2019 Revised Budget
07:03 PM
08/11/19
$ Increase/ $ Increase/
2018 2019 2019 (Decrease) % Increase/ 2020 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Fines and forfeitures $54,169 $65,000 $42,000 ($23,000) -35.4% $45,000 ($20,000) -30.8%
Interest 260 0 750 750 7499900.0% 700 700 6999900.0%
Total Revenues $54,429 $65,000 $42,750 ($22,250) -34.2% $45,700 ($19,300) -29.7%

EXPENDITURES
Personnel $126,739 $138,160 $138,160 $0 0.0% $143,019 4,859 3.5%
Operations 5,461 8,607 8,607 0 0.0% 8,148 (459) -5.3%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $132,200 $146,767 $146,767 $0 0.0% $151,167 $4,400 3.0%

Net Revenues ($77,771) ($81,767) ($104,017) ($22,250) ($105,467) ($23,700)

Transfer from other funds $55,000 $85,000 $130,000 45,000 $150,000
Total Other Sources/(Uses) $55,000 $85,000 $130,000 $150,000

Beginning Fund Balance $29,205 $6,434 $6,434 $32,417
Ending Fund Balance $6,434 $9,667 $32,417 $76,950

FY 2020 Highlights:

• State law requires that fines and forfeitures associated with commercial vehicle enforcement activities be segregated
for accounting purposes. Therefore, a new fund was established for FY 2013 as we began implementation of our
program.

• For FY 2020 we are proposing total revenues of $45,700. Expenses total $151,167. A General Fund transfer of
$150,000 into this fund is projected.

• The ending fund balance is projected to be $76,950.

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