Page 53 - CityofSouthlakeFY25AdoptedBudget

$15,000 in expenditures will be for library special Special Revenue Funds
projects, which are often defined by the donor. Expenditure Highlights
Ending fund balance is projected at $10,435.
Park Dedication Fee Fund
Park Dedication Fees. This special revenue fund Item Expenditure
accounts for funds from park dedication fees on Central Park Fountain
new development. Use of park dedication fees is Improvements $60,000
restricted to park improvements and primarily
used for capital expenses. One planned park Police Services Fund Budget Overview
improvement project is adopted for funding in FY Drone Equipment
2025, detailed in the expenditure highlights table Maintenance & $7,780
on the pages of this subsection. Replacement
Narcotics Investigator $5,050
The budget reflects revenues of $150,000 and the Training
ending fund balance is projected to be $2,044,669. Drug Take Back Program $2,000

Parks and Recreation Fund. This fund accounts Narcan $6,200
for sponsorships obtained to enhance City special Public Art Fund
events, programs, athletic fields, and parks for
which sponsorships are granted. Capital Projects Cash $400,000
Funding Transfer
The budget reflects projected total revenues of Reforestation Fund
$70,600. Expenses are estimated at $87,500
leaving the fund with a projected balance of Tree Planting $35,000
$145,110.

Police Services Fund. This fund has been
established to account for revenue associated with
asset forfeitures. For FY 2025, interest income
of $1,200 is the only anticipated revenue, but a
beginning fund balance of $38,677 is available for
use. Total expenditures of $21,030 are planned to
address various Police Department needs. Ending
fund balance is projected to be $18,847.

Public Art Fund. The Public Art Fund was
established to account for funding that is available
for the promotion, creation, installation, and/or
maintenance of public art throughout Southlake.
The Hotel Occupancy Tax financially supports
the City’s public art program, and a Public Art
Comprehensive Plan has been adopted to guide
program development.

The budget shows $19,000 in interest income. The
law providing for the Hotel Occupancy Tax (HOT)
allows up to 15% of the revenues to be used for
public art purposes. For FY 2025, a transfer of
$370,838 from the HOT Fund has been adopted.

FY 2025 City of Southlake | Budget Book 53