Page 304 - Southlake FY22 Budget

TECHnOLOGY InFrASTrUCTUrE AnD SECUrITY FUnD

TeChnOlOgy infrasTruCTure & seCuriTy fund

The Technology Infrastructure and Security Fund was created in FY 2017 to build capacity for current and future
technology needs. Expenditures in this fund are used to maintain, enhance and replace technology infrastructure
GENERAL FUND
and enterprise software to ensure the City receives the most reliable and best value with technology investments. In
order to keep up with the increasing number and complexity of security threats, this fund also supports technology
Technology Infrastructure and Security Fund
security projects and programs. 2022 Proposed and 2021 Revised Budget

$ Increase/ $ Increase/
2020 2021 2021 (Decrease) % Increase/ 2022 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
Adopted
REVENUES
Miscellaneous 541,611 420,000 420,000 0 0.0% 420,000 0 0.0%
Interest 49,793 35,000 15,000 (20,000) -57.1% 16,000 (19,000) -54.3%
Total Revenues $591,404 $455,000 $435,000 ($20,000) 0.0% $436,000 ($19,000) -4.2%

EXPENDITURES
Customer Enhancements 18,188 0 0 0 0.0% 0 0 0.0%
Information Security 0 0 0 0 0.0% 100,000 100,000 999999900.0%
Business Continuity 472,061 400,000 400,000 0 0.0% 925,000 525,000 131.3%
Security Equipment and Infrastructure 0 0 0 0 0.0% 383,250 383,250 3832499900.0%
Technology Infrastructure 570,789 405,000 405,000 0 0.0% 0 (405,000) -100.0%
Total Expenditures $1,061,038 $805,000 $805,000 $0 0.0% 1,408,250 $503,250 62.5%

Net Revenues ($469,634) ($350,000) ($370,000) ($20,000) ($972,250) ($622,250)

Transfer from other funds $3,500,000 $1,500,000 $1,500,000 $500,000
Transfer to other funds - - - -
Total Other Sources/(Uses) 3,500,000 $1,500,000 $1,500,000 $500,000

Beginning Fund Balance $3,014,274 $6,044,640 $6,044,640 $7,174,640
Ending Fund Balance $6,044,640 $7,194,640 $7,174,640 $6,702,390

fy 2022 highlighTs:

• The Technology Infrastructure & Security Fund was created in FY 2017 to build capacity for current and future
technology needs. Expenditures in this fund are used to maintain, enhance and replace technology infrastructure
and enterprise software to ensure the City receives the most reliable and best value with technology investments.
In order to keep up with the increasing number and complexity of security threats, this fund also supports
technology security projects and programs.

• We are proposing a transfer of $500,000 from the Strategic Initiative Fund to maintain adequate funding.

• Total planned expenditures for this fund are $1,408,250, which includes items to ensure information security,
business continuity and maintain security and equipment infrastructure.

• The ending fund balance is projected at $6,702,390.

BUDGET BOOK | FY 2022 City of Southlake 303
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