Page 223 - CityofSouthlakeFY25AdoptedBudget

General Fund

$ Increase /
2024 2024 % Increase/- $ Increase / % Increase/-
2023 Actual (Decrease) 2025 Adopted
Adopted Amended Decrease (Decrease) Decrease
Adopted
Ad Valorem $26,578,947 $28,140,607 $27,340,607 ($800,000) -2.8% $28,487,889 $347,282 1.2%
Taxes

Sales Tax 22,790,698 19,908,000 21,546,284 1,638,284 8.2% 21,978,469 2,070,469 10.4% General Fund Expenditures

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

Fines 745,696 743,500 743,000 (500) -0.1% 743,500 0 0.0%

Charges for 1,595,804 1,582,723 1,415,575 (167,148) -10.6% 1,598,336 15,613 1.0%
Services

Permits/Fees 1,862,824 1,499,100 1,403,200 (95,900) -6.4% 1,414,100 (85,000) -5.7%

Miscellaneous 802,931 349,900 614,000 264,100 75.5% 349,900 0 0.0%

Interest Income 957,352 630,000 925,000 295,000 46.8% 925,000 295,000 46.8%

Total Revenues $58,991,147 $55,826,936 $57,336,526 $1,509,590 2.7% $58,950,524 $3,123,588 5.6%

EXPENDITURES

City Secretary $589,328 $667,578 $662,578 ($5,000) -0.7% $672,400 $4,822 0.7%

Human
Resources 960,971 1,080,100 $980,739 (99,361) -9.2% 1,074,739 (5,361) -0.5%

City Manager 1,107,935 1,207,580 1,245,953 38,373 3.2% 1,282,875 75,295 6.2%

Information
Technology 3,133,203 3,690,901 3,681,901 (9,000) -0.2% 4,389,173 698,272 18.9%

Communications 640,520 791,673 781,257 (10,416) -1.3% 905,509 113,836 14.4%

Support Services 2,030,628 2,361,735 2,707,487 345,752 14.6% 2,429,092 67,357 2.9%

General Gov.
Total $8,462,585 $9,799,567 $10,059,915 $260,348 2.7% $10,753,788 $954,221 9.7%

FY 2025 City of Southlake | Budget Book 223