Page 305 - CityofSouthlakeFY25AdoptedBudget

Recycling Fund

DID YOU This fund accounts for an annual payment to the City made by the City’s solid
GENERAL FUND
KNOW? waste services provider, per the terms of the service contract.
DID YOU
Recycling
KNOW? 2025 Proposed and 2024 Revised Budget

$ Increase/ $ Increase/ Special Revenue Funds
2023 2024 2024 (Decrease) % Increase/ 2025 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Recycling Recovery $840 $6,000 $6,000 $0 0.0% $6,000 $0 0.0%
Interest 4,637 2,000 2,500 500 25.0% 2,500 500 25.0%
Total Revenues $5,477 $8,000 $8,500 $500 6.3% $8,500 $500 6.3%

EXPENDITURES
Special Projects $5,700 $6,000 $6,000 $0 0.0% $6,000 0 0.0%
Recycling Supplies 0 0 0 0 0.0% 0 0 0.0%
Capital 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $5,700 $6,000 $6,000 $0 0.0% $6,000 $0 0.0%

Net Revenues ($223) $2,000 $2,500 $500 $2,500 $500

Transfer to other funds ($67,091) $0 $0 $0
Total Other Sources/(Uses) ($67,091) $0 $0 $0

Beginning Fund Balance $138,292 $70,978 $70,978 $73,478
Ending Fund Balance $70,978 $72,978 $73,478 $75,978

FY 2025 Highlights

- The City’s contract for solid waste services provides for an annual payment to the City of $6,000 for a
total projected revenue of $8,500, including interest.

- Note that the beginning fund balance is $73,478. The adopted budget includes $6,000 for recycling
education.

- The projected ending fund balance is $75,978.

FY 2025 City of Southlake | Budget Book 305