Page 300 - CityofSouthlakeFY25AdoptedBudget

Library Donation Fund

DID YOU This fund accounts for library donations collected. Use of these funds is
SPECIAL REVENUE FUND
KNOW? restricted for library purposes.
DID YOU
KNOW? Library Donations
2025 Proposed and 2024 Revised Budget

$ Increase/ $ Increase/
2023 2024 2024 (Decrease) % Increase/ 2025 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Donations $12,202 $4,000 $8,500 $4,500 112.5% $4,000 $0 0.0%
Interest 658 70 700 630 900.0% 700 630 900.0%
Total Revenues $12,860 $4,070 $9,200 $5,130 126.0% $4,700 $630 15.5%
Special Revenue Funds
EXPENDITURES
Special Projects $7,929 $8,000 $8,000 $0 0.0% $15,000 7,000 87.5%
Library supplies 0 0 0 0 0.0% 0 0 0.0%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $7,929 $8,000 $8,000 $0 0% $15,000 $7,000 87.5%

Net Revenues $4,931 ($3,930) $1,200 $5,130 ($10,300) ($6,370)

Transfer to other funds $0 $0 $0 $0
Total Other Sources/(Uses) $0 $0 $0 $0
Beginning Fund Balance $14,604 $19,535 $19,535 $20,735
Ending Fund Balance $19,535 $15,605 $20,735 $10,435

FY 2025 Highlights

- The budget anticipates a beginning fund balance of $20,735.

- Staff is anticipating approximately $4,000 in donations and the expenditures will be for special projects,
which are often defined by the donor.

- Ending fund balance is projected at $10,435.

300 FY 2025 City of Southlake | Budget Book