Page 76 - CityofSouthlakeFY26AdoptedBudget
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As mentioned, a portion of the revenue generated for purchasing and retiring needed equipment
by the property tax rate is allocated to support and capital outlay.
long-term bond projects through the Debt Service
Fund. A Capital Improvements Program details Court Security.
the projects and costs for a five-year period and This fund accounts for a percentage of the
identifies future unfunded projects. The Debt monies collected from the payment of fines and
Service Fund provides the needed money to build forfeitures. Use of these funds is restricted for the
these projects. purchase of court security items, per State law.
Special Revenue Funds.
Court Technology.
These funds are general government funds where
Budget Basics
the source of revenue is dedicated to a specific This fund accounts for a percentage of the
purpose: monies collected from the payment of fines and
forfeitures. Use of these funds is restricted for
Commercial Vehicle Enforcement. purchase of court technology, per State law.
This fund accounts for fines collected from Crime Control and Prevention District (CCPD).
commercial vehicle violations. Use of these funds
is restricted for commercial vehicle enforcement, The half-cent sales tax collection to fund the
per State law. Crime Control and Prevention District began in
April 1998, with the first sales tax check received
Community Enhancement and Development in June 1998. State law provides that a district’s
Corporation (CEDC). initial life is limited to five years. Voters may
continue the district by approval of a referendum.
The Community Enhancement and Development
In February 2002, Southlake voters approved the
Corporation was formed when Southlake voters
continuation of the CCPD for 15 years and in May
approved the special levy of a 3/8 cent sales
2015, voters approved the reduction of the sales
tax in 2015. The funds are dedicated toward the
tax to 1/8 cent, and in May 2017 voters reauthorized
construction of Champions Club at The Marq
the CCPD through 2038. This fund has been used
Southlake, a community events and recreation
to build facilities for and to support the Southlake
facility. Funds are used to support operational
Police Department. This fund also supports the
expenses related to The Marq as well as special
City’s School Resource Officer Program.
economic development projects.
Community Enhancement and Development Hotel Occupancy Tax.
Corporation - Replacement Fund. The Hotel Occupancy Tax is authorized under
The Community Enhancement and Development the Texas Tax Code, Chapter 351. The City of
Corporation - Replacement Fund accounts for Southlake adopted Ordinance No. 769 in February
the resources needed to manage the purchase of 2000, levying a 7% tax on room receipts. The tax
replacement equipment and capital outlay at The on rooms is providing the revenues to the City
Marq Southlake. The establishment and funding of in this category. The first expenditures from this
the Community Enhancement and Development fund were made in FY 2008. Use of these funds
Corporation - Replacement Fund was designed is restricted. Expenses must be authorized uses
to even out expenses for the Community under the Texas Tax Code, Chapter 351.
Enhancement and Development Corporation
from year to year and provide a logical method
76 FY 2026 City of Southlake | Budget Book FY 2026 City of Southlake | Budget Book 77
