Page 52 - CityofSouthlakeFY25AdoptedBudget

Special Revenue Funds Special Revenue Funds

The City of Southlake accounts for revenues and Expenditure Highlights
expenditures of dedicated or special purpose
funding in special revenue funds as described Commercial Vehicle
Enforcement Fund
below.
Item Expenditure

Commercial Vehicle Enforcement Fund. State Pay Adjustment – 4.5% Market –
law requires that fines and forfeitures associated Maintain Compensation Public Safety
with commercial vehicle enforcement activities be Market Position
segregated for accounting purposes.
Health Insurance 6.9% rate increase
For FY 2025, we are projecting total revenues of Court Security
$27,000. Expenses total $205,660. A General Fund
Budget Overview
transfer of $250,000 into this fund is planned. The Pay Adjustment – 4.5% Market –
ending fund balance is projected to be $224,576. Maintain Compensation Public Safety
Market Position

Court Security. The budget anticipates revenues Health Insurance 6.9% rate increase
of $39,000. Expenditures of $82,406 are planned
to enhance the overall safety of the court with the Court Technology
use of security personnel and other approaches. Citation Writer
The projected ending fund balance is $368,353. Replacement $3,500

Court Technology. The budget anticipates Court Administration $5,250
revenues of $31,000. Expenditures of $35,280 are Document Scanners
planned to include funding for projects to optimize Hotel Occupancy Tax Fund
the use of technology for municipal court. The
projected ending fund balance is $292,586. Pay Adjustment – 3.5% Market
Maintain Compensation - General
Hotel Occupancy Tax. The Hotel Occupancy Tax Market Position Government
is authorized under the Texas Tax Code, Chapter Health Insurance 6.9% rate increase
351. The City of Southlake adopted Ordinance No.
769 in February 2000, levying a 7% tax on room Stars & Stripes, Home
receipts. The tax on hotel rooms is providing the for the Holidays – $37,500
revenues to the city in this category. For FY 2025, Staffing Overtime Costs
revenues are estimated at $2,472,250, an increase
of 15.2% compared to the FY 2024 adopted budget. Digital Map / Event
Displays – Town Square $125,000
Parking Garages
Total planned expenditures for this fund for FY
2025 are $1,548,118 and detailed in the expenditure Home for the Holidays
Enhancement –
highlights table on the pages of this subsection. Ice Skating Rink $115,000
Transfers to other funds total $669,728, including
the indirect transfer to the General Fund, a transfer Wayfinding Sign
to the Public Art Fund, and cash funding to the CIP. Replacement & $100,000
Maintenance
The ending fund balance is projected at $4,052,671.
Shopping & Dining
Library Donations. Staff is anticipating Rewards Program - $25,000
approximately $4,700 in donations/interest and Additional Funding

52 FY 2025 City of Southlake | Budget Book