Page 289 - Southlake FY23 Budget

SPECIAL REVENUE FUNDS

liBrary donation fund

SPECIAL REVENUE FUND
This fund accounts for library donations collected. Use of these funds is restricted for library purposes.
Library Donations
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
Donations $4,314 $4,000 $9,300 $5,300 132.5% $4,000 $0 0.0%
Interest 10 70 50 (20) -28.6% 70 0 0.0%
Total Revenues $4,324 $4,070 $9,350 $5,280 129.7% $4,070 $0 0.0%

EXPENDITURES
Special Projects $2,922 $8,000 $8,000 $0 0.0% $8,000 0 0.0%
Library supplies 0 0 0 0 0.0% 0 0 0.0%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $2,922 $8,000 $8,000 $0 0% $8,000 $0 0.0%

Net Revenues $1,402 ($3,930) $1,350 $5,280 ($3,930) $0

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

Beginning Fund Balance $11,323 $12,725 $12,725 $14,075
Ending Fund Balance $12,725 $8,795 $14,075 $10,145

fy 2023 highlightS:

• The budget anticipates a beginning fund balance of $14,075.

• Staff is anticipating approximately $4,000 in donations and the expenditures will be for special projects, which
are often defined by the donor.

• Ending fund balance is projected at $10,145.

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