Page 10 - Southlake FY24 Budget

Parks and Recreation Fund ...................................................................................................................................................... 286
Police Special Revenue Fund ...................................................................................................................................................287
Public Art Fund .............................................................................................................................................................................. 288
Recycling Fund .............................................................................................................................................................................. 289
Red Light Camera Fund.............................................................................................................................................................290
Reforestation Fund ........................................................................................................................................................................291
Storm Water Utility Fund ...........................................................................................................................................................292
Tax Increment Finance (TIF) District Fund .......................................................................................................................293

Capital Improvement Projects .................................................................................................................. 295
A Capital Improvements Program (CIP) is for the purchase, construction or replacement of the physical
assets of the City. This section includes the capital budget timeframe and the avaiable cash funding
Introduction
sources for the FY 2024 CIP.

Introduction ..................................................................................................................................................................................... 296
Creating the Capital Improvements Program ..................................................................................................................297
Capital Budget and Multiyear CIP Timeline ...................................................................................................................... 298
Capital Budget Funding Types ............................................................................................................................................... 299
Capital Budget vs. Operating Budget.................................................................................................................................. 301
FY 2024 Capital Budget Funding - Cash .......................................................................................................................... 302

Appendix ..................................................................................................................................................... 303
This section includes a list of acronyms, a budget glossary, Southlake’s financial policies and frequently
asked questions. Also included is a personnel schedule, tax rate allocation information and the Financial
Wellness component of the Southlake Sustainability Plan.

Acronyms ..........................................................................................................................................................................................304
Budget Glossary ............................................................................................................................................................................305
Departmental Performance Measure Definitions ............................................................................................................314
Financial Policies ........................................................................................................................................................................... 320
Frequently Asked Questions .....................................................................................................................................................341
Personnel Schedules ................................................................................................................................................................... 345
Tax Rate Allocation ...................................................................................................................................................................... 348
Southlake Sustainability Plan: Financial Wellness ......................................................................................................... 349

10 FY 2024 City of Southlake | Budget Book