Page 44 - Southlake FY20 Budget
P. 44
Transmittal Letter
customer service or efficiency, disaster recovery infrastructure enhancements, and a transparency initiative,
just to name a few.
Council established a Technology Infrastructure and Security Fund to ensure sustainable funding that
recognizes ongoing technological change and advancement. For FY 2020, we are proposing to transfer $3.5
million to this fund to cover certain technology expenses.
Community Enhancement
2%
Infrastructure
Maintenance
15%
Technology Infrastructure
35%
Capital Acquisition
22%
Fund Balance
26%
Figure 12: Strategic Initiative Fund expenses by category, FY 2020
The total proposed expenditures for the Strategic Initiative Fund for FY 2020 are $223,598. Transfers to
other funds total $7,200,000. This leaves $2,595,275 of the available funds unallocated. Figure 12 shows SIF
expenses by category for FY 2020.
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