Page 287 - CityofSouthlakeFY26AdoptedBudget

Facility Maintenance Fund

The purpose of this fund is to build capacity for future maintenance
projects as we will have many needs to address as our facilities age. The
DID YOU Strategic Initiative Fund (SIF) has provided seed money for this fund, an
KNOW? important element of our budget given the size and complexity of the
DID YOU
KNOW? City’s facility infrastructure. For FY 2026, we will continue our practice of Facility Maintenance Fund
GENERAL FUND
transferring SIF money into this fund, but we are also budgeting expenses
in the operating budget for facility projects.
Facility Maintenance
2026 Proposed and 2025 Revised Budget

$ Increase/ $ Increase/
2024 2025 2025 (Decrease) % Increase/ 2026 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Interest 599,602 432,000 432,000 0 0.0% 432,000 0 0.0%
Total Revenues $599,602 $432,000 $432,000 $0 0.0% $432,000 $0 0.0%

EXPENDITURES
Operations $702,786 $0 $0 $0 0.0% $0 0 0.0%
Capital 5,858 799,000 799,000 0 0.0% 1,162,747 363,747 45.5%
Total Expenditures $708,644 $799,000 $799,000 $0 0.0% $1,162,747 $363,747 45.5%
Net Revenues ($109,042) ($367,000) ($367,000) $0 ($730,747) ($363,747)

Transfer from other funds $1,200,000 $1,500,000 $1,500,000 $2,000,000
Transfer to other funds ($0) ($0) ($0) ($0)
Total Other Sources/(Uses) $1,200,000 $1,500,000 $1,500,000 $2,000,000

Beginning Fund Balance $11,843,298 $12,934,256 $12,934,256 $14,067,256
Ending Fund Balance $12,934,256 $14,067,256 $14,067,256 $15,336,509

FY 2026 Highlights

- We will continue our practice of transferring SIF money into this fund, working to meet the goal of
holding a minimum of 10% of the total value of the City’s physical plant in reserve and $2,000,000 will
be transferred from the SIF.

- Planned FY 2026 expenditures for this fund include Southlake DPS HQ Weatherproofing ($800,000),
DPS HQ - Carpet & Flooring Phase 2 ($163,000), DPS HQ & DPS North - Fire Apparatus Bay Flooring
Resurfacing ($95,300), Southlake Town Square Garages - Signage Repainting ($26,220), Town Hall
Water Heater Replacement ($26,000), Town Hall - Exterior Handrail Maintenance ($20,000), Pest
Treatment & Rodent Control for City Facilities ($19,300) and DPS HQ - Fire Bunk Room / Living Area
Patching & Repainting ($12,927).

- The projected ending fund balance is $15,336,509 which provides adequate reserves for the program.

FY 2026 City of Southlake | Budget Book 287