Page 41 - Southlake FY20 Budget

Transmittal Letter

Reforestation. The proposed budget includes Special Revenue Funds
the special revenue fund to account for Expenditure Highlights
revenues and expenditures dedicated for
reforestation. These funds are derived from Fund Item Expenditure
assessments related to the tree preservation
ordinance and policies. The proposed budget Reforestation Tree maintenance $40,000
reflects permits/fees of $10,000 and interest
income of $1,000 for total revenue of $11,000.
Expenditures are budgeted at $40,000 for FY Personnel - pay 2.5% base pay
2020 for the street tree program and tree adjustment adjustment,
maintenance. The ending fund balance is merit
projected at $21,329.
Storm Water Personnel - health 10.38% rate
The activities supported by the Utility Fund insurance increase
Reforestation Fund support
the Council’s desire for quality
development by ensuring that Transfer to CIP $1,300,000
the natural environment is
protected and preserved, where possible,
or at a minimum replaced.

Storm Water Utility Fund. On October 17, 2006, the City Council established a Storm Water Utility System.
This utility requires a monthly fee for all of Southlake’s developed properties. These fees provide a funding
source for maintenance, repair, and construction of public storm water facilities, and can only be spent
for these purposes. The monthly storm water fee is the same for all residential dwelling units. Residential
properties are charged $8 per month for each dwelling unit that is on the property. Fees for non-residential
properties are calculated individually in proportion to each property’s storm water runoff potential.

For FY 2020, total revenues for this fund are projected at $1,568,800 including $13,300 in interest earnings.
This is an increase of 1.3% when compared to the FY 2019 adopted budget. Planned expenditures for FY
2020 total $657,006, including $322,361 in personnel expenses and $334,645 in operational costs. These
costs include personnel costs for drainage maintenance staff, contract engineering services (surveying, etc.),
contract labor for drainage projects, and materials – all budgeted to ensure that we can adequately manage
and respond to identified public drainage issues.

Transfers of $1,536,995 are planned in FY 2020. The ending fund balance is projected at $1,210,489.

The activities funded through storm water fees deliver on the focus area of
Infrastructure, and the strategic corporate objective of “Achieve best in class status
in all City disciplines.”

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