Page 343 - Southlake FY24 Budget

Frequently Asked Questions

Other Funds

What other funds are used to account for City revenues and expenditures?
The City accounts for its revenues and expenses in these funds: Appendix

General Obligation Debt Service Fund
Utility Fund
Commercial Vehicle Enforcement Fund
Community Enhancement and Development Corporation
Community Enhancement and Development Corporation Debt Service Fund
Court—Security
Court—Technology
Crime Control and Prevention District Operating Fund
Economic Development Investment Fund
Facility Maintenance Fund
Hotel Occupancy Tax Fund
Library Donations
Park Dedication
Parks and Recreation Fund
Police Services Fund
Public Art Fund
Recycling Fund
Red Light Camera Fund
Reforestation
SPDC Operating Fund
SPDC Debt Service Fund
Storm Water Utility District
Strategic Initiative Fund
Technology Infrastructure and Security Fund
TIF Operating Fund
Vehicle Replacement Fund

Why does the City account for revenues and expenditures in so many different funds?
These funds provide a mechanism for the City to segregate revenues generated from a variety of sources
and also provide a means for the City to track expenses directly related to those funds sources.

FY 2024 City of Southlake | Budget Book 343