Page 284 - Southlake FY24 Budget

Library Donation Fund

DID YOU This fund accounts for library donations collected. Use of these funds is
SPECIAL REVENUE FUND
KNOW? restricted for library purposes.
DID YOU
KNOW? Library Donations

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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
Donations $9,897 $4,000 $9,000 $5,000 125.0% $4,000 $0 0.0%
Interest (42) 70 400 330 471.4% 300 230 328.6%
Special Revenue Funds
Total Revenues $9,855 $4,070 $9,400 $5,330 131.0% $4,300 $230 5.7%
EXPENDITURES
Special Projects $7,976 $8,000 $8,000 $0 0.0% $8,000 0 0.0%
Library supplies 0 0 0 0 0.0% 0 0 0.0%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $7,976 $8,000 $8,000 $0 0% $8,000 $0 0.0%
Net Revenues $1,879 ($3,930) $1,400 $5,330 ($3,700) $230
Transfer to other funds $0 $0 $0 $0
Total Other
Sources/(Uses) $0 $0 $0 $0
Beginning Fund Balance $12,725 $14,604 $14,604 $16,004
Ending Fund Balance $14,604 $10,674 $16,004 $12,304
FY 2024 Highlights

- The budget anticipates a beginning fund balance of $16,004.
- Staff is anticipating approximately $4,000 in donations and the expenditures will be for special projects,
which are often defined by the donor.
- Ending fund balance is projected at $12,304.

284 FY 2024 City of Southlake | Budget Book