Page 39 - CityofSouthlakeFY25AdoptedBudget

attributed to growth in elastic revenue sources General Fund
such as sales tax collections as well as franchise
taxes. This overall revenue growth reflects the Expenditure Highlights
adopted tax rate reduction and ongoing use of the Personnel
20% homestead exemption. Item Expenditure
Public Safety -
Figure 19 shows the distribution of General Fund PayAdjustment – 4.5% Market
revenue sources. Maintain Compensation
Market Position General Government Budget Overview
– 3.5% Market
The General Fund also recognizes $2,857,917 that
will be transferred in from other funds to cover Health Insurance 6.9% rate increase
indirect costs borne by the General Fund. For FY
2025, indirect charges are not needed to balance Dependent healthcare
the General Fund budget. The transfer will go cost increases $193,000
straight to the budget’s bottom line, ensuring an
optimum fund balance. HSA Contribution $17,000

Expenditure highlights. The General Fund accounts Operations
for 42% of the City’s operational expenses. FY Increase in Public Safety
2025 expenditures total $54,489,851 and represent Operations Overtime $275,000
a 3.5% increase over the FY 2024 adopted budget. Budget
This growth can be attributed to a corresponding EMS Supplies $21,000
growth in the cost of existing goods and services
as well as personnel costs. On-Demand Training $36,000
Content Library
For FY 2025, more than 70% of planned expenses
Fire Department
are personnel-related, reflecting the nature of Rescue Tools – Battery $10,500
the municipality as a service organization. These Replacements
costs include compensation, benefits, and other
expenses. Changes to the budget for these 457 Plan Evaluation $15,000
expenses are shown below: Annual Software

Subscriptions / $435,000
Personnel: While no new positions are adopted for Technology Maintenance
funding in FY 2025, the General Fund does include Fee Increases
planned expenditures for personnel costs related Police Department
Ballistic Vest
to compensation and benefits, in the amount of Replacement Program $45,000
$1,276,938. Included are compensation adjustments
in alignment with the City’s adopted compensation Police Department $10,280
– Partner Agencies
philosophy to maintain the established market Funding Increase
positions within the City’s labor market. To ensure Town Hall Security
market alignment and remain competitive, the City Contract Increase $34,000
will implement a 4.5% market adjustment for public Police Department
safety personnel and a 3.5% market adjustment for Physicals – Cancer $33,000
general government employees. Screening

TML Insurance Increase $167,000
In the benefits category, expenditures are adopted
to fund increases in the City’s insurance costs as Vehicle Maintenance
well as to ensure the City funds retirement plan Increase $250,000
obligations. Following a 6.9% rate renewal with

FY 2025 City of Southlake | Budget Book 39