Page 350 - CityofSouthlakeFY26AdoptedBudget

Park Dedication Fee Fund

This fund accounts for dedication fees on new development. Use of
SPECIAL REVENUE FUND
DID YOU park dedication fees is restricted to park improvements and primarily
KNOW? used for capital expenses.
Park Dedication
2026 Proposed and 2025 Revised Budget
12:22 PM
08/07/25

$ Increase/ $ Increase/
2024 2025 2025 (Decrease) % Increase/ 2026 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Permits/Fees $342,310 $90,000 $185,000 $95,000 105.6% $90,000 $0 0.0%
Special Revenue Funds
Miscellaneous 0 0 0 0 0.0% 0 0 0.0%
Interest 88,135 60,000 60,000 0 0.0% 60,000 0 0.0%
Total Revenues $430,445 $150,000 $245,000 $95,000 63.3% $150,000 $0 0.0%

EXPENDITURES
Parks and Recreation $0 $0 $0 $0 0.0% $0 0 0.0%
Park Improvements 0 60,000 60,000 0 0.0% 0 (60,000) -100.0%
Land 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $0 $60,000 $60,000 $0 0.0% $0 ($60,000) -100.0%

Net Revenues $430,445 $90,000 $185,000 $95,000 $150,000 $60,000

Transfer from other funds $0 $0 $0 $0
Transfer to other funds $0 $0 ($300,000) ($300,000)
Total Other Sources/(Uses) $0 $0 ($300,000) ($300,000)

Beginning Fund Balance $1,601,369 $2,031,814 $2,031,814 $1,916,814
Ending Fund Balance $2,031,814 $2,121,814 $1,916,814 $1,766,814

FY 2026 Highlights

- The budget anticipates a beginning fund balance of $1,916,814.

- The adopted budget reflects revenues of $90,000 in fees and $60,000 in interest earnings for total
revenues of $150,000.

- The ending fund balance is projected to be $1,766,814.

350 FY 2026 City of Southlake | Budget Book