Page 93 - Southlake FY20 Budget

City Profile

Elastic Operating Revenues as a Percentage of Net Operating Revenues

50%
45%
45% 43%
41% 40% 39%
40% 40%

35%
Elastic Revenues as a Percentage of General Fund Revenues 25%

30%

20%

15%

10%

5%

0%
2015 2016 2017 2018 2019* 2020**
Fiscal Year
Warning Trend: Decreasing amount of elastic operating *Unaudited **Proposed Budget Elastic operating revenues
revenues as a percentage of net operating revenues Net operating revenues

Elastic revenues are greatly affected by changes in the economy and are not as steady from year to year as ad valorem
taxes. This chart shows the percentage of net general fund operating revenues that come from elastic sources (sales tax,
fines, charges, permits and fees). A balance between elastic and inelastic revenues mitigates the effects of economic
growth or decline.

Fiscal Year Elastic Operating Revenue
2010 $11,627,635
2011 $12,350,616
2012 $13,938,042
2013 $15,313,155
2014 $17,525,435
2015 $19,633,024
2016 $19,008,451
2017 $18,344,675
2018 $18,726,200
2019* $19,287,662
2020** $19,175,151

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