Page 375 - CityofSouthlakeFY27Budget

TABLE OF CONTENTS

PARK DEDICATION FEE FUND

SPECIAL REVENUE FUND

Park Dedication
2027 Proposed and 2026 Revised Budget Special Revenue Funds

$ Increase/ $ Increase/
2025 2026 2026 (Decrease) % Increase/ 2027 (Decrease) % Increase/
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Permits/Fees $268,930 $90,000 $105,000 $15,000 16.7% $90,000 $0 0.0%
Miscellaneous 0 0 0 0 0.0% 0 0 0.0%
Interest 91,370 60,000 60,000 0 0.0% 60,000 0 0.0%
Total Revenues $360,300 $150,000 $165,000 $15,000 10.0% $150,000 $0 0.0%

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

Net Revenues $300,300 $150,000 $165,000 $15,000 $150,000 $0

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

Beginning Fund Balance $2,031,814 $2,032,114 $2,032,114 $1,897,114
Ending Fund Balance $2,032,114 $1,882,114 $1,897,114 $1,747,114

FY 2027 HIGHLIGHTS

- The budget anticipates a beginning fund balance of $1,897,114.

- 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 $1,747,114.

FY 2027 City of Southlake | Budget Book 375