Page 287 - Southlake FY23 Budget

SPECIAL REVENUE FUNDS

Court teChnology fund

This fund accounts for a percentage of monies collected from the payment of fines and forfeitures. Use of these
SPECIAL REVENUE FUND
funds is restricted, per State law. Court Technology
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 $27,171 $24,125 $26,125 $2,000 8.3% $27,500 $3,375 14.0%
Interest 147 1,300 500 (800) -61.5% 500 (800) -61.5%
Total Revenues $27,318 $25,425 $26,625 $1,200 4.7% $28,000 $2,575 10.1%

EXPENDITURES
Personnel $0 $0 $0 $0 0.0% $0 0 0.0%
Operations 28,796 8,830 8,830 0 0.0% 10,000 1,170 13.3%
Capital 0 0 0 0 0.0% 49,500 49,500 494999900.0%
Total Expenditures $28,796 $8,830 $8,830 $0 0.0% $59,500 $50,670 573.8%

Net Revenues ($1,478) $16,595 $17,795 $1,200 ($31,500) ($48,095)

Transfer to other funds $0 $0 $0 $0
Total Other Sources/(Uses) $0 $0 $0 $0

Beginning Fund Balance $292,245 $290,767 $290,767 $308,562
Ending Fund Balance $290,767 $307,362 $308,562 $277,062

fy 2023 highlightS:

• The budget anticipates revenues of $28,000, including interest.

• Expenditures of $59,500 are planned for replacement of court technology and equipment.

• The projected ending fund balance is $277,062.

286 FY 2023 City of Southlake | BUDGET BOOK
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