Page 363 - Southlake FY22 Budget

SPECIAL rEVEnUE FUnDS EXPEnDITUrES

reCyCling fund

GENERAL FUND
This fund accounts for an annual payment to the City made by the City’s solid waste services provider, per the terms
of the service contract. Recycling
2022 Proposed and 2021 Revised Budget 10:26 AM
07/22/21

$ Increase/ $ Increase/
2020 2021 2021 (Decrease) % Increase/ 2022 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
Adopted
REVENUES
Recycling Recovery $6,000 $6,000 $6,000 $0 0.0% $6,000 $0 0.0%
Interest 1,142 500 100 (400) -80.0% 125 (375) -75.0%
Total Revenues $7,142 $6,500 $6,100 ($400) -6.2% $6,125 ($375) -5.8%

EXPENDITURES
Special Projects $3,000 $3,000 $5,600 $2,600 86.7% $5,600 2,600 86.7%
Recycling Supplies 0 0 0 0 0.0% 0 0 0.0%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $3,000 $3,000 $5,600 $2,600 86.7% $5,600 $2,600 86.7%

Net Revenues $4,142 $3,500 $500 ($3,000) $525 ($2,975)

Transfer to other funds $0 $0 $0 $0
Total Other
Sources/(Uses) $0 $0 $0 $0

Beginning Fund Balance $66,253 $70,395 $70,395 $70,895
Ending Fund Balance $70,395 $73,895 $70,895 $71,420

fy 2022 highlighTs:

• The City’s contract for solid waste services provides for an annual payment to the City of $6,000 for a total projected
revenue of $6,125, including interest.

• Note that the beginning fund balance is $70,895. The adopted budget includes $5,600 for recycling education.

• The projected ending fund balance is $71,420.

362 FY 2022 City of Southlake | BUDGET BOOK
WWW.CITYOFSOUTHLAKE.COM