Page 382 - CityofSouthlakeFY27Budget

TABLE OF CONTENTS

STORM WATER UTILITY FUND

STORM WATER UTILITY DISTRICT
2027 Proposed and 2026 Revised Budget

$ Increase/ $ Increase/
2025 2026 2026 (Decrease) % Increase/ 2027 (Decrease) % Increase/
Special Revenue Funds
Actual Adopted Amended Adopted -Decrease Proposed Adopted -Decrease
REVENUES
Stormwater-residential $928,675 $928,000 $928,000 $0 0.0% $1,164,400 $236,400 25.5%
Stormwater-commercial 695,090 694,000 711,000 17,000 2.4% 1,262,970 568,970 82.0%
Interest 69,612 50,000 50,000 0 0.0% 50,000 0 0.0%
Total Revenues $1,693,377 $1,672,000 $1,689,000 $17,000 1.0% $2,477,370 $805,370 48.2%
EXPENDITURES
Personnel $286,310 $275,602 $275,602 $0 0.0% $267,444 ($8,158) -3.0%
Operations $332,582 $352,485 $352,018 (467) -0.1% $522,283 169,798 48.2%
Capital $0 $0 $0 0 0 $0 0 0.0%
Total Expenditures $618,892 $628,087 $627,620 ($467) -0.1% $789,727 $161,640 25.7%
Net Revenues $1,074,485 $1,043,913 $1,061,380 $17,467 $1,687,643 $643,730

Transfers Out (869,142) (967,432) (968,112) $680 (1,353,927) 386,495
Proceeds from C.O. Sale 0 0 0 0
Total Other Sources (Uses) ($869,142) ($967,432) ($968,112) ($1,353,927)
Beginning Fund Balance $2,150,527 $2,355,870 $2,355,870 $2,449,138
Ending Fund Balance $2,355,870 $2,432,351 $2,449,138 $2,782,854

FY 2027 HIGHLIGHTS

- For FY 2027, total revenues for this fund are projected at $2,477,370 including $50,000 in interest
earnings.

- Planned expenditures for FY 2027 total $789,727, including $267,444 in personnel expenses and
$522,283 in operational costs. These costs include a portion of drainage staff costs, contract engineering
services (surveying, etc.), contract labor for drainage projects, and materials – all budgeted to ensure
that we are able to adequately manage and respond to identified public drainage issues.

- The ending fund balance is projected at $2,782,854.

382 FY 2027 City of Southlake | Budget Book