Page 280 - Southlake FY24 Budget

Commercial Vehicle Enforcement Fund

DID YOU This fund accounts for fines collected from commercial vehicle violations. Use
SPECIAL REVENUE FUND
KNOW? of these funds is restricted for commercial vehicle enforcement, per State law.
DID YOU
KNOW? Commercial Vehicle Enforcement

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2 2024 Proposed and 2023 Revised Budget t

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$ Increase/ $ Increase/
2022 2023 2023 (Decrease) % Increase/ 2024 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Fines and forfeitures $18,655 $25,000 $15,000 ($10,000) -40.0% $25,000 $0 0.0%
Interest (721) 200 6,500 6,300 3150.0% 4,500 4,300 2150.0%
Special Revenue Funds
Total Revenues $17,934 $25,200 $21,500 ($3,700) -14.7% $29,500 $4,300 17.1%
EXPENDITURES
Personnel $40,631 $143,767 $152,602 $8,835 6.1% $161,151 17,384 12.1%
Operations 8,685 13,328 14,783 1,455 10.9% 13,599 271 2.0%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $49,316 $157,095 $167,385 $10,290 6.6% $174,750 $17,655 11.2%
Net Revenues ($31,382) ($131,895) ($145,885) ($13,990) ($145,250) ($13,355)
Transfer from other funds $150,000 $100,000 $100,000 0 $100,000
Total Other Sources/(Uses) $150,000 $100,000 $100,000 $100,000
Beginning Fund Balance $115,082 $233,700 $233,700 $187,815
Ending Fund Balance $233,700 $201,805 $187,815 $142,565
FY 2024 Highlights
- State law requires that fines and forfeitures associated with commercial vehicle enforcement activities
be segregated for accounting purposes. Therefore, a new fund was established in FY 2013 as we began
implementation of our program.
- For FY 2024 total revenues are budgeted for $29,500. Expenses total $174,750. A General Fund
transfer of $100,000 into this fund is projected.

- The ending fund balance is projected to be $142,565.

280 FY 2024 City of Southlake | Budget Book