Page 30 - CityofSouthlakeFY25AdoptedBudget

their expenditure, many of the City’s fees are accounted for in separate funds.

The largest source of fee revenue comes from the provision of water, wastewater and solid waste collection
services. These revenues and associated expenditures are accounted for in the City’s Utility Fund (see
later section of this overview for fund details). These revenues are projected to be $38,257,050, a decrease
of $1,449,250 or 3.7% from the FY 2024 adopted budget. Revenue has been reduced to better align with
consumption trends. The FY 2025 budget includes a solid waste pass through rate increase of 4% and a
Trinity River Authority (TRA) pass through rate increase of 10%.

Other significant service fees include development and permit related fees. For FY 2025, development and
permit fees are estimated to generate $1,414,100, a 5.7% decrease from the FY 2024 adopted budget. This
revenue estimate is based on a projected issuance of 50 residential building permits during FY 2025, which
is comparable to FY 2024 projections.
Budget Overview
For additional information regarding the City’s revenues, please reference the subsequent sections of this
budget document.

Expenditures – Total Operating Investments
For FY 2025, adopted operating expenditures across all funds total $130,513,434, which is a $3,741,505,
or 3% increase from FY 2024 adopted budgeted expenditures. The overall increase in expenditures can
be attributed to increased personnel costs and increased operating costs related to existing services and
contracts. Funding is also included to ensure the City’s critical infrastructure is maintained and funds
established in alignment with the City’s sustainability goals continue to be funded as prescribed.

FY 2024 Adopted FY 2025 Adopted %
Fund $ Change
Expenditures Expenditures Change
General Fund $52,625,123 $54,489,851 $1,864,728 3.5%
Utility Fund $31,378,180 $29,584,559 ($1,793,621) -5.7%
Debt Service $6,769,139 $7,068,770 $299,631 4.4%
SPDC Operating Fund $2,829,897 $3,619,522 $789,625 27.9%
CEDC Operating Fund $5,820,052 $6,466,590 $646,538 11.1%

CCPD Fund $2,217,238 $2,742,607 $525,369 23.7%

TIF Operating Fund $7,219,629 $8,148,391 $928,762 12.9%
Strategic Initiative Fund $556,996 $262,928 ($294,068) -52.8%
Hotel Occupancy Tax Fund $1,143,044 $1,548,118 $405,074 35.4%
Technology Infrastructure & $2,018,103 $1,821,388 ($196,715) -9.7%
Security Fund
Stormwater Utility District Fund $609,913 $617,842 $7,929 1.3%
Facility Maintenance Fund $761,296 $799,000 $37,704 5.0%
Vehicle Replacement Fund $5,496,401 $6,869,876 $1,373,475 25.0%
Other Funds $7,326,918 $6,473,992 $852,926 -11.6%
Total Operating Expenditures $126,726,757 $130,513,434 $3,741,505 3.0%

30 FY 2025 City of Southlake | Budget Book