Page 533 - Southlake FY22 Budget

APPEnDIX

FrEQUEnTLY ASKED QUESTIOnS

• Park Dedication
Other Funds
• Parks and Recreation Fund

What other funds are used to account for • Public Art Fund
City revenues and expenditures?
The City accounts for its revenues and expenses in • Recycling Fund
these funds:
• Red Light Camera Fund
• General Obligation Debt Service Fund
• Reforestation

• Utility Fund
• SPDC Operating Fund
• Commercial Vehicle Enforcement Fund
• SPDC Debt Service Fund
• Community Enhancement and Development • Storm Water Utility District
Corporation
• Strategic Initiative Fund
• Community Enhancement and Development
Corporation Debt Service Fund • Technology Infrastructure and Security Fund

• Court—Security • TIF Operating Fund

• Court—Technology • Vehicle Replacement Fund

• Crime Control and Prevention District Operating
Fund

• Economic Development Investment Fund

• Facility Maintenance Fund

• Hotel Occupancy Tax Fund

• Library Donations

Why does the City account for revenues and expenditures in so many different funds?
These funds provide a mechanism for the City to segregate revenues generated from a variety of sources and also
provide a means for the City to track expenses directly related to those funds sources.

532 FY 2022 City of Southlake | BUDGET BOOK
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