Page 67 - CityofSouthlakeFY25AdoptedBudget

Although these examples are for three very specific funds, the same concept of expense restrictions applies
to all 55 funds. As a result, reporting revenues and expenses for the City of Southlake includes 55 miniature
financial statements in addition to a Citywide financial statement. It may appear that money is available to
spend when in fact the majority of the money is restricted by law.
Budget Basics

Figure 3
City of Southlake Fund Structure Chart

CITY OF SOUTHLAKE
BUDGETED FUNDS

GOVERNMENTAL FUNDS PROPRIETARY FUNDS

SPECIAL ENTERPRISE
REVENUE GENERAL FUND
FUND
FUNDS
- Commercial Vehicle - Strategic Initiative Fund
Enforcement - Economic Development Investment
- Community Enhancement Fund UTILITY
and Development - Facility Maintenance Fund FUND
Corporation - Technology Infrastructure &
- Community Enhancement Security Fund
and Development
Corporation
- Replacement Fund INTERNAL
- Court Security SERVICE FUND
- Court Technology
- Crime Control & Prevention DEBT SERVICE
District FUNDS - Vehicle Replacement
- Hotel Occupancy Tax Fund
- Library Donations
- Park Dedication Fee - Debt Service
- Parks & Recreation Fund - Southlake Parks Development
- Police Services Fund Corporation Debt Service
- Public Art - Community Enhancement &
- Recycling Development Corporation Debt
- Red Light Camera Service
- Reforestation
- Southlake Parks
Development Corporation
- Storm Water Utility
- Tax Increment Finance

FY 2025 City of Southlake | Budget Book 67