Page 282 - Southlake FY24 Budget

Court Technology Fund

DID YOU This fund accounts for a percentage of monies collected from the payment of
SPECIAL REVENUE FUND
KNOW? fines and forfeitures. Use of these funds is restricted, per State law.
DID YOU
KNOW? Court Technology
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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 $30,107 $27,500 $22,000 ($5,500) -20.0% $20,000 ($7,500) -27.3%
Interest (955) 500 7,000 6,500 1300.0% 6,500 6,000 1200.0%
Total Revenues $29,152 $28,000 $29,000 $1,000 3.6% $26,500 ($1,500) -5.4%
Special Revenue Funds
EXPENDITURES
Personnel $0 $0 $0 $0 0.0% $0 0 0.0%
Operations 8,539 10,000 10,000 0 0.0% 26,530 16,530 165.3%
Capital 0 49,500 49,500 0 0.0% 0 (49,500) -100.0%
Total Expenditures $8,539 $59,500 $59,500 $0 0.0% $26,530 ($32,970) -55.4%
Net Revenues $20,613 ($31,500) ($30,500) $1,000 ($30) $31,470
Transfer to other funds $0 $0 $0 $0
Total Other Sources/(Uses) $0 $0 $0 $0
Beginning Fund Balance $290,767 $311,380 $311,380 $280,880
Ending Fund Balance $311,380 $279,880 $280,880 $280,850
FY 2024 Highlights
- The budget anticipates revenues of $26,500, including interest.
- Expenditures of $26,530 are planned for replacement of court technology and equipment.
- The projected ending fund balance is $280,850.

282 FY 2024 City of Southlake | Budget Book