Page 315 - CityofSouthlakeFY27Budget

TABLE OF CONTENTS

PUBLIC SAFETY EQUIPMENT REPLACEMENT FUND

The Public Safety Equipment Replacement Fund was created in FY 2027 to build capacity
for the ongoing replacement of mission-essential police and fire equipment. Expenditures
in this fund are used to replace the protective, communications, medical, rescue and
operational equipment that Police and Fire personnel depend on to deliver services safely Public Safety Equipment Replacement Fund
and effectively. Because public safety equipment is acquired in fleets and reaches the
end of its useful life in groups, replacement costs arrive as periodic spikes rather than
as a steady annual expense. This fund levels that cost over time so that equipment is
replaced on schedule, service reliability is maintained, and the impact to the General Fund
GENERAL FUND
operating budget remains predictable from year to year.
Public Safety Replacement Fund
2027 Proposed and 2026 Revised Budget

$ Increase/ $ Increase/
2025 2026 2026 (Decrease) % Increase/ 2027 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Interest 0 0 0 0 0.0% 20,000 20,000 199999900.0%
Total Revenues $0 $0 $0 $0 0.0% $20,000 $20,000 199999900.0%

EXPENDITURES
Operations $0 $0 $0 $0 0.0% $0 0 0.0%
Capital 0 0 0 0 0.0% 492,773 492,773 4927729900.0%
Total Expenditures $0 $0 $0 $0 0.0% $492,773 $492,773 2463864950.0%

Net Revenues ($0) ($0) ($0) $0 ($472,773) ($472,773)

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

Beginning Fund Balance $0 ($0) ($0) $1,500,000
Ending Fund Balance ($0) ($0) $1,500,000 $3,027,227

FY 2027 HIGHLIGHTS

- Total budgeted expenditures for this fund are $492,773. Planned FY 2027 expenditures include life
safety equipment ($414,878), structural gear replacement ($44,900) and the replacement of a thermal
imager ($32,995) for the Fire Department.

- The ending fund balance is projected at $3,027,227.

FY 2027 City of Southlake | Budget Book 315