Page 70 - Southlake FY23 Budget

BUDGET OvERvIEw

BUDGET In BRIEF
Budget in Brief

FY 2023 PROPOSED GEnERAL FUnD BUDGET

GEnERAL FUnD REvEnUES GEnERAL FUnD EXPEnSES
General Fund revenues are largely made up of ad General Fund expenses support basic city services, with
valorem taxes and general fund sales tax. In FY 2023, the the largest portion going toward Public Safety. The FY
General Fund anticipates revenues of $53,954,094. 2023 General Fund budget by service area is shown in the
chart below. The FY 2023 Proposed General Fund budget
is $48,266,972.
CHARGES FOR SERVICES PERMITS / FEES MISCELLANEOUS
2.4% 2.8% 0.6% INTEREST INCOME
FINES 0.0%
1.7%
FRANCHISE TAXES
5.5%
COMMUNITY SERVICES
ECONOMIC DEVELOPMENT 16.0%
0.7% GENERAL GOVERNMENT
20.9%
PLANNING & DEVELOPMENT
SERVICES
5.0%
FINANCE
5.5%
PUBLIC WORKS
AD VALOREM TAX 10.3%
50.0%
GENERAL FUND SALES TAX
36.9%

PUBLIC SAFETY
41.5%

FY 2023 FUnDInG PRIORITIES

$11.2m FOR ROADS $1.56m FOR $6.77m FOR PARKS
This funding is in addition SIDEwALKS This funding is in addition to the
to the road maintenance This sidewalk funding will park maintenance that is included
that is included in the allow the City of Southlake in the Community Services
Streets operating budget. to construct 8,805 linear operating budget.
feet of new sidewalks.

$550K In SCHOOL SAFETY $1.79m FOR DRAInAGE nO SERvICE REDUCTIOnS
EnHAnCEmEnTS ImPROvEmEnTS This budget proposes no
This budget proposes adding The Capital Improvements reduction to services, and
three School Resource Officers Program includes funding for returns many services to
(SROs) and a Captain to drainage improvements in pre-pandemic levels.
enhance school safety, which addition to funding included
will be funded through sales with other projects.
tax using the Crime Control
Prevention District fund. BUDGET BOOK | FY 2023 City of Southlake
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