Page 351 - CityofSouthlakeFY26AdoptedBudget

Parks and Recreation Fund

This fund accounts for resources restricted for use by the Community
Services department. Such funds include event and other sponsorship
DID YOU SPECIAL REVENUE FUND
KNOW? funds collected through the City’s sponsorship program.
Park and Recreation
2026 Proposed and 2025 Revised Budget Special Revenue Funds

$ Increase/ $ Increase/
2024 2025 2025 (Decrease) % Increase/ 2026 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Donations/Sponsorships $34,310 $62,600 $41,600 ($21,000) -33.5% $37,000 ($25,600) -40.9%
Miscellaneous 0 0 0 0 0.0% 0 0 0.0%
Interest 11,493 8,000 8,000 0 0.0% 8,000 0 0.0%
Total Revenues $45,803 $70,600 $49,600 ($21,000) -29.7% $45,000 ($25,600) -36.3%

EXPENDITURES
Parks and Recreation $31,327 $87,500 $87,500 $0 0.0% $44,000 (43,500) -49.7%
Park Improvements 0 0 0 0 0.0% 0 0 0.0%
Land 0 0 0 0 0.0% 0 0 0.0%
Total Expenditures $31,327 $87,500 $87,500 $0 0.0% $44,000 ($43,500) -49.7%

Net Revenues $14,476 ($16,900) ($37,900) ($21,000) $1,000 $17,900

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

Beginning Fund Balance $216,510 $230,986 $230,986 $193,086
Ending Fund Balance $230,986 $214,086 $193,086 $194,086

FY 2026 Highlights

- Planned expenses in this fund are directed toward enhancing City special events, programs, athletic
fields, and parks for which sponsorships are granted. The funds received through sponsorships assist
with offsetting enhanced services offered to the community.

- The adopted budget reflects revenues of $37,000 in donations and sponsorships and $8,000 in
interest earnings for total revenues of $45,000.

- The adopted budget anticipates a beginning fund balance of $193,086. Expenses are estimated at
$44,000 leaving the fund with a projected fund balance of $194,086.

FY 2026 City of Southlake | Budget Book 351