Page 51 - Southlake FY22 Budget
P. 51
TrAnSMITTAL LETTEr
The Community Enhancement and Development Corporation capital budget includes project funding in the
amount of $1,000,000, including the project shown in the table below:
FY 2022 Capital Budget - CEDC Fund
Project Amount
Champions Club Finish-Out $1,000,000
Though no longer collecting revenue, the Red Light Camera Fund capital budget includes $100,000 from fund
balance for the following project:
FY 2022 Capital Budget - Red Light Camera Fund
Project Amount
Corridor Safety Improvements $100,000
The Public Art capital budget provides $100,000 to fund public art initiatives.
FY 2022 Capital Budget - Public Art Fund
Project Amount
Public Art Program $100,000
The five-year plan does not address all identified projects. There are $328,412,323 in master plan project
costs that are shown as beyond the five-year planning period.
Previous budgets have included Hotel Occupancy Tax (HOT) Fund transfers to the CIP to establish seed
money for a Visitors Information and Amenity Center. Currently, this project fund totals $1,200,000 million.
No transfer is planned for FY 2022 due to the economic recovery of the tourism industry impacting the HOT
fund.
50 FY 2022 City of Southlake | BUDGET BOOK
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