Page 184 - Southlake FY23 Budget

Fund SummarieS

aLL FundS
All Funds

all fundS Summary - revenueS & exPenditureS

$ Increase / % Increase/- $ Increase / % Increase/-
2021 Actual 2022 Adopted 2022 Amended (Decrease) Decrease 2023 Adopted (Decrease) Decrease
Adopted

REVENUES

Ad Valorem
Taxes $31,857,324 $32,057,651 $32,057,651 $0 0.0% $32,934,796 $877,145 2.7%

Sales Tax 37,514,447 32,551,555 39,265,165 6,713,610 20.6% 39,653,500 7,101,945 21.8%

Hotel Tax 919,120 963,855 1,600,300 636,445 66.0% 1,705,300 741,445 76.9%

Franchise Fees 2,672,026 2,825,446 2,957,795 132,349 4.7% 2,969,000 143,554 5.1%

Fines 866,797 925,625 931,625 6,000 0.6% 984,600 58,975 6.4%
Charges for
Services 3,550,321 4,078,191 4,563,943 485,752 11.9% 5,232,817 1,154,626 28.3%

Rental Income 153,824 153,824 153,824 0 0.0% 153,824 0 0.0%

Permits/Fees 2,115,634 1,297,100 2,729,000 1,431,900 110.4% 1,607,100 310,000 23.9%

Miscellaneous 1,692,689 966,000 1,440,003 474,003 49.1% 1,090,900 124,900 12.9%
Water Sales-
residential 15,637,778 16,378,300 17,087,900 709,600 4.3% 16,923,900 545,600 3.3%
Water Sales-
commercial 4,508,776 4,804,100 4,874,050 69,950 1.5% 4,827,200 23,100 0.5%

Stormwater-
residential 912,316 913,000 915,000 2,000 0.2% 918,200 5,200 0.6%
Stormwater-
commercial 666,148 657,500 670,000 12,500 1.9% 673,300 15,800 2.4%
Wastewater
Sales 8,970,659 8,410,000 9,090,300 680,300 8.1% 9,240,000 830,000 9.9%

Sanitation
Sales 2,495,739 2,483,000 2,556,500 73,500 3.0% 2,663,800 180,800 7.3%
Other Utility
Charges 323,851 400,800 324,000 (76,800) -19.2% 400,800 0 0.0%

TIF District 9,818,337 10,080,279 9,228,696 (851,583) -8.4% 9,468,834 (611,445) -6.1%

Interest Income 153,432 303,690 141,625 (162,065) -53.4% 140,685 (163,005) -53.7%
Total
Revenues $124,829,218 $120,249,916 $130,587,377 $10,337,461 8.6% $131,588,556 $11,338,640 9.4%

BUDGET BOOK | FY 2023 City of Southlake 183
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