Page 366 - Southlake FY22 Budget
P. 366
SPECIAL rEVEnUE FUnDS EXPEnDITUrES
storm Water utility Fund
On October 17, 2006, the City Council established a Storm Water Utility System. This utility requires a monthly
fee for all of Southlake’s developed properties. These fees provide a funding source for maintenance, repair, and
construction of storm water facilities, and can only be spent for these purposes. The monthly storm water fee is the
same for all residential dwelling units. Residential properties are charged $8 per month for each dwelling unit that
is on the property. Fees for non-residential properties are calculated individually in proportion to each property’s
STORM WATER UTILITY DISTRICT
storm water runoff potential. For project details, see the CIP section of this document. 10:53 AM
2022 Proposed and 2021 Revised Budget
07/22/21
$ Increase/ $ Increase/
2020 2021 2021 (Decrease) % Increase/ 2022 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Adopted Adopted -Decrease
Proposed
REVENUES
Stormwater-residential $911,560 $911,000 $911,000 $0 0.0% $913,000 $2,000 0.2%
Stormwater-commercial 648,735 653,800 653,800 0 0.0% 657,500 3,700 0.6%
Interest 17,218 11,000 2,000 (9,000) -81.8% 2,100 (8,900) -80.9%
Total Revenues $1,577,513 $1,575,800 $1,566,800 ($9,000) -0.6% $1,572,600 ($3,200) -0.2%
EXPENDITURES
Personnel $299,387 $328,389 $332,389 $4,000 1.2% $355,882 $27,493 8.4%
Operations $324,581 $300,946 $296,946 (4,000) -1.3% $325,126 24,180 8.0%
Capital $0 $0 $0 0 0 $0 0 0.0%
Total Expenditures $623,968 $629,335 $629,335 $0 0.0% $681,008 $51,673 8.2%
Net Revenues $953,545 $946,465 $937,465 ($9,000) $891,592 ($54,873)
Transfers Out (1,067,045) (1,487,641) (1,487,281) ($360) (236,763) (1,250,878)
Proceeds from C.O. Sale 0 0 0 0
Total Other Sources
(Uses) ($1,067,045) ($1,487,641) ($1,487,281) ($236,763)
Beginning Fund Balance $1,903,109 $1,789,609 $1,789,609 $1,239,793
Ending Fund Balance $1,789,609 $1,248,433 $1,239,793 $1,894,622
fy 2022 highlighTs:
• For FY 2022, total revenues for this fund are projected at $1,572,600 including $2,100 in interest earnings. This is
a decrease of 0.2% when compared to the FY 2021 Adopted Budget.
• Planned expenditures for FY 2022 total $681,008, including $355,882 in personnel expenses and $325,126 in
operational costs. These costs include a storm water engineer (funded first in FY 2009), contract engineering
services (surveying, etc.), contract labor for drainage projects, and materials – all budgeted to ensure that we are
able to adequately manage and respond to identified public drainage issues.
• A transfer to the Debt Service Fund of $173,859 is planned and $62,904 to the General Fund for indirect charges
for total transfers of $236,763. No transfer to the Capital Improvements Program is planned for FY 2022.
• The ending fund balance is projected at $1,894,622. The expenses are necessary to improve and maintain public
drainage ways throughout the City.
BUDGET BOOK | FY 2022 City of Southlake 365
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