Page 467 - Southlake FY20 Budget
P. 467
Appendix
FREqUEnTLY ASKED qUESTIOnS
Other Funds
What other funds are used to account for City revenues and expenditures?
The City accounts for its revenues and expenses in these funds:
• General Obligation Debt Service Fund • Reforestation
• Utility Fund • SPDC Operating Fund
• Commercial Vehicle Enforcement Fund • SPDC Debt Service Fund
• Community Enhancement and Development • Storm Water Utility District
Corporation
• Strategic Initiative Fund
• Community Enhancement and Development
Corporation Debt Service Fund • Technology Infrastructure and Security Fund
• Court—Security • TIF Operating Fund
• Court—Technology • Vehicle Replacement Fund
• Crime Control and Prevention District Operating
Fund
• Economic Development Investment Fund
• Facility Maintenance Fund
• Hotel Occupancy Tax Fund
• Library Donations
• Park Dedication
• Parks and Recreation Fund
• Public Art Fund
• Recycling Fund
• Red Light Camera Fund
Why does the City account for revenues and expenditures in so many different funds?
These funds provide a mechanism for the City to segregate revenues generated from a variety of sources and also
provide a means for the City to track expenses directly related to those funds sources.
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