Page 48 - CityofSouthlakeFY25AdoptedBudget
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Economic Development Investment Fund
The Economic Development Comprehensive Plan includes a recommendation to build an economic
development investment fund. We will continue to implement this recommendation for FY 2025.
Revenue highlights. For FY 2025, revenue of $120,000 is projected. Also, we will transfer $150,000 to this
fund, as we work to build its balance for future use.
Expenditure highlights. There are no budgeted expenditures from this fund for FY 2025.
Fund balance. The ending fund balance is projected to be $3,765,478.
Southlake Economic Development
Comprehensive Plan
Budget Overview
ED15: Maintain ongoing, dedicated funding to achieve
economic development goals by continuing investment in
the Economic Development Investment Fund.
48 FY 2025 City of Southlake | Budget Book
