Page 109 - CityofColleyvilleFY25AdoptedBudget

Commentary on Available Funds
The Special Revenue Funds began with a combined balance of $3.8 million on 10/1/23, are projected to end FY 2024 with a
balance of $4.3 million, and are anticipated to decrease to $2.7 million by the end of FY 2025. These funds receive revenue
from a variety of sources, including state-imposed fees, donations, and contributions from developers. The revenue varies
from year to year, especially with donation and contribution activity. State-imposed fees, particularly those tied to
municipal court nes, have been decreasing over recent years, creating challenges as operating costs continue to rise.
Notably, the city has limited control over these revenue sources and cannot adjust them to cover increased expenses.

Expenditures from these funds support both operating and capital needs, particularly in quality-of-life areas such as the
library and parks, where donation and contribution-driven funds are often used for enhancements beyond the city’s
regular budget capacity. The capital expenditures help offset general fund capital project costs, while funds tied to court-
related activities—such as the Court Technology and Court Security Funds—are used to cover speci c operating
expenses. Due to stagnant revenue in these court funds, rising costs are increasingly being covered by the General Fund.

The city’s philosophy for the Special Revenue Funds is to use them as needs arise while remaining exible in balancing
current expenditures with saving for future projects, all in accordance with the restrictions imposed by the donor,
contributor, or state. There is no formal reserve requirement for these funds, but the city aims to maintain enough
balance to support both immediate needs and future demands.

Summary

The City of Colleyville is projecting $590.94K of revenue in FY2025, which represents a 0% increase over the prior year.
Budgeted expenditures are projected to increase by 24,997.9% or $314.47K to $315.73K in FY2025.

$ 4M

$3M

$2M
Ac tual Revenue Source
Budgeted Revenue Source
Ac tual Expenditures
$1M
Budgeted Expenditures

$0
FY2023 FY2024 FY2025

City of Colleyville | Budget Book 2025 Page 109