Page 285 - Southlake FY23 Budget

SPECIAL REVENUE FUNDS

CommerCial vehiCle enforCement fund

SPECIAL REVENUE FUND
This fund accounts for fines collected from commercial vehicle violations. Use of these funds is restricted for
commercial vehicle enforcement, per State law.
Commercial Vehicle Enforcement
2023 Proposed and 2022 Revised Budget

$ Increase/ $ Increase/
2021 2022 2022 (Decrease) % Increase/ 2023 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Fines and forfeitures $20,295 $25,000 $20,000 ($5,000) -20.0% $25,000 $0 0.0%
Interest 143 300 150 (150) -50.0% 200 (100) -33.3%
Total Revenues $20,438 $25,300 $20,150 ($5,150) -20.4% $25,200 ($100) -0.4%

EXPENDITURES
Personnel $119,759 $148,944 $148,944 $0 0.0% $143,767 (5,177) -3.5%
Operations 5,130 8,151 8,151 0 0.0% 13,328 5,177 63.5%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $124,889 $157,095 $157,095 $0 0.0% $157,095 $0 0.0%
Net Revenues ($104,451) ($131,795) ($136,945) ($5,150) ($131,895) ($100)

Transfer from other funds $150,000 $150,000 $150,000 0 $100,000
Total Other Sources/(Uses) $150,000 $150,000 $150,000 $100,000

Beginning Fund Balance $69,533 $115,082 $115,082 $128,137
Ending Fund Balance $115,082 $133,287 $128,137 $96,242

fy 2023 highlightS:

• State law requires that fines and forfeitures associated with commercial vehicle enforcement activities
be segregated for accounting purposes. Therefore, a new fund was established in FY 2013 as we began
implementation of our program.

• For FY 2023 we are proposing total revenues of $25,200. Expenses total $157,095. A General Fund transfer of
$100,000 into this fund is projected.

• The ending fund balance is projected to be $96,242.

284 FY 2023 City of Southlake | BUDGET BOOK
WWW.CITYOFSOUTHLAKE.COM