Page 195 - CityofSouthlakeFY25AdoptedBudget

All Funds Summary - Revenues & Expenditures

Fund Summaries
$ Increase / %
2023 2024 2024 (Decrease) % Increase/- 2025 Adopted $ Increase / Increase/-
Actual Adopted Amended Adopted Decrease (Decrease) Decrease

REVENUES

Ad Valorem Taxes $32,465,552 $34,002,950 $33,037,650 ($965,300) -2.8% $34,741,025 $738,075 2.2%

Sales Tax 45,731,162 39,653,500 42,880,808 3,227,308 8.1% 43,739,684 4,086,184 10.3%

Hotel Tax 2,185,990 2,090,500 2,290,000 199,500 9.5% 2,347,250 256,750 12.3%

Franchise Fees 3,656,895 2,973,106 3,348,860 375,754 12.6% 3,453,329 480,223 16.2%

Fines 814,702 811,500 805,000 (6,500) -0.8% 806,500 (5,000) -0.6%

Charges for 6,060,530 6,179,011 5,994,067 (184,944) -3.0% 6,326,081 147,070 2.4%
Services

Rental Income 116,436 153,824 153,824 0 0.0% 153,824 0 0.0%

Permits/Fees 2,288,702 1,594,100 1,726,500 132,400 8.3% 1,509,100 (85,000) -5.3%

Miscellaneous 1,541,319 1,000,900 1,215,917 215,017 21.5% 997,000 (3,900) -0.4%

Water Sales- 19,593,266 19,000,400 19,000,400 0 0.0% 19,000,400 0 0.0%
residential
Water Sales- 5,454,118 5,400,200 5,400,200 0 0.0% 5,400,200 0 0.0%
commercial
Stormwater- 924,872 924,300 926,000 1,700 0.2% 927,050 2,750 0.3%
residential
Stormwater- 681,692 687,000 689,100 2,100 0.3% 692,500 5,500 0.8%
commercial

Wastewater Sales 9,213,426 12,576,000 9,450,000 (3,126,000) -24.9% 11,000,000 (1,576,000) -12.5%

Sanitation Sales 2,812,989 2,729,700 2,729,700 0 0.0% 2,856,450 126,750 4.6%

Other Utility 430,861 280,800 340,000 59,200 21.1% 280,800 0 0.0%
Charges

TIF District 9,834,043 9,562,848 10,470,200 907,352 9.5% 9,605,358 42,510 0.4%

Interest Income 5,322,327 2,916,570 5,457,800 2,541,230 87.1% 5,442,900 2,526,330 86.6%

Total Revenues $149,128,882 $142,537,209 $145,916,026 $3,378,817 2.4% $149,279,451 $6,742,242 4.7%

FY 2025 City of Southlake | Budget Book 195