Page 471 - Southlake FY23 Budget
P. 471
APPEnDIx
FREqUEnTLY ASKED qUESTIOnS
Other Funds
What other funDs are useD to account for city revenues anD
eXpenDitures?
The City accounts for its revenues and expenses in • Park Dedication
these funds:
• Parks and Recreation Fund
• General Obligation Debt Service Fund
• Police Services Fund
• Utility Fund
• Public Art Fund
• Commercial Vehicle Enforcement Fund
• Recycling Fund
• Community Enhancement and Development
Corporation • Red Light Camera Fund
• Community Enhancement and Development • Reforestation
Corporation Debt Service Fund
• SPDC Operating Fund
• Court—Security
• SPDC Debt Service Fund
• Court—Technology
• Storm Water Utility District
• Crime Control and Prevention District
Operating Fund • Strategic Initiative Fund
• Economic Development Investment Fund • Technology Infrastructure and Security Fund
• Facility Maintenance Fund • TIF Operating Fund
• Hotel Occupancy Tax Fund • Vehicle Replacement 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.
470 FY 2023 City of Southlake | BUDGET BOOK
WWW.CITYOFSOUTHLAKE.COM
