Page 40 - CityofSouthlakeFY26AdoptedBudget

Figure 16 CIP Guiding Principles

Budget Overview

is recommended for cash funding.

Utility Fund. The Utility Fund is used to address capital projects such as water and sewer infrastructure
and city facilities. Projects include water lines, pump station improvements, storage facilities, sewer
lines, lift station pumps, and facilities needed to support the City’s utility system. For FY 2026, a total of
$8,000,000 million is recommended for cash funding.

Southlake Parks Development Corporation. Funded by a voter-approved half-cent sales tax, these
dollars are allocated for the ongoing design and development of the city’s park system, and dollars for
matching donations for park improvements. For FY 2026, a total of $6,000,000 million is recommended
for cash funding.

Storm Water Utility Fund. Fees collected from residential and commercial property owners provide
dollars to improve storm water management in the city. For FY 2026, $500,000 will be allocated for
cash funding for storm water projects.

Public Art Fund. Hotel Occupancy Tax (HOT) funds provide the resources for public art initiatives. For
FY 2026, $300,000 is planned for public art capital projects.

Hotel Occupancy Tax Fund. HOT funds can also be used for projects designed to bring visitors to the
city. For FY 2026, a total of $200,000 is recommended for cash funding.

Park Dedication Fee Fund. This fund accounts for dedication fees on new development. Use of park
dedication fees is restricted to park improvements and primarily used for capital expenses. For FY
2026, $300,000 cash funding will support planned park projects.

Cash allocated as part of the Capital Improvements Program is summarized in Figure 18 and totals
$17,125,000 million across all funds.

40 FY 2026 City of Southlake | Budget Book FY 2026 City of Southlake | Budget Book 41