Page 105 - Southlake FY24 Budget

Budgeted vs. Actual Expenditures

105%
Desired Range

100%
98%
97% 97% 96% City Profile
96%
95% 94% 90%
PERCENTAGE OF BUDGETED FUNDS SPENT 90%

85%

80%

75%
2016 2017 2018 2019 2020 2021 2022

FISCAL YEAR

Actual expenditures
Budgeted Expenditures

Warning Trend: Actual expenditures become greater than 100%. It is also concerning to have actual expenditures too much lower than
100%
Budgeted vs. actual expenditures displays the percentage of actual expenditures against what was
budgeted for the fiscal year. The goal is to have actual expenditures within 98 to 100% of budgeted
expenditures without exceeding the 100% mark. FY 2023 and FY 2024 numbers will not be available until
those budgets are closed and their audits are completed.

Fiscal Year Budgeted Funds Actual Funds Spent
2010 $30,410,480 $29,127,729
2011 $30,879,616 $29,907,850
2012 $31,929,360 $30,208,804
2013 $34,357,229 $32,791,958
2014 $34,725,755 $33,429,492
2015 $35,429,210 $34,249,021
2016 $35,957,381 $34,834,913
2017 $36,811,470 $35,742,544
2018 $38,238,203 $37,561,818
2019 $39,884,408 $38,428,580
2020 $41,030,392 $38,481,661
2021 $42,369,950 $40,559,152
2022 $41,591,866 $37,599,891

FY 2024 City of Southlake | Budget Book 105