Page 308 - CityofSouthlakeFY25AdoptedBudget

Storm Water Utility Fund

On October 17, 2006, the City Council established a Storm Water Utility
System. This utility requires a monthly fee for all of Southlake’s developed
properties. These fees provide a funding source for maintenance, repair,

DID YOU and construction of storm water facilities, and can only be spent for these
purposes. The monthly storm water fee is the same for all residential dwelling
KNOW?
DID YOU
KNOW? units. Residential properties are charged $8 per month for each dwelling unit
that is on the property. Fees for non-residential properties are calculated
individually in proportion to each property’s storm water runoff potential.
STORM WATER UTILITY DISTRICT
For project details, see the CIP section of this document.
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
Special Revenue Funds
Stormwater-residential $924,872 $924,300 $926,000 $1,700 0.2% $927,050 $2,750 0.3%
Stormwater-commercial 681,692 687,000 689,100 2,100 0.3% 692,500 5,500 0.8%
Interest 55,280 40,000 66,000 26,000 65.0% 66,000 26,000 65.0%
Total Revenues $1,661,844 $1,651,300 $1,681,100 $29,800 1.8% $1,685,550 $34,250 2.1%

EXPENDITURES
Personnel $208,016 $271,928 $271,928 $0 0.0% $279,857 $7,929 2.9%
Operations $314,678 $337,985 $337,985 0 0.0% $337,985 0 0.0%
Capital $0 $0 $0 0 0 $0 0 0.0%
Total Expenditures $522,694 $609,913 $609,913 $0 0.0% $617,842 $7,929 1.3%

Net Revenues $1,139,150 $1,041,387 $1,071,187 $29,800 $1,067,708 $26,321
Transfers Out (912,934) (1,113,393) (1,114,585) $1,192 (869,184) (244,209)
Proceeds from C.O. Sale 0 0 0 0
Total Other Sources (Uses) ($912,934) ($1,113,393) ($1,114,585) ($869,184)

Beginning Fund Balance $1,936,355 $2,162,571 $2,162,571 $2,119,173
Ending Fund Balance $2,162,571 $2,090,565 $2,119,173 $2,317,697

FY 2025 Highlights

- For FY 2025, total revenues for this fund are projected at $1,685,550 including $66,000 in interest earnings.
This is an increase of 2.07% when compared to the FY 2024 Adopted Budget.

- Planned expenditures for FY 2025 total $617,842, including $279,857 in personnel expenses and $337,985
in operational costs. These costs include a portion of drainage staff costs, contract engineering services
(surveying, etc.), contract labor for drainage projects, and materials – all budgeted to ensure that we are
able to adequately manage and respond to identified public drainage issues.

- A transfer to the Debt Service Fund of $801,762 is planned and $67,422 to the General Fund for indirect
charges for total transfers of $869,184. No transfer to the Capital Improvements Program is planned for
FY 2025.

- The ending fund balance is projected at $2,317,697. The expenses are necessary to improve and maintain
public drainage ways throughout the City.

308 FY 2025 City of Southlake | Budget Book