Page 72 - CityofSouthlakeFY27Budget

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additional expenditures of $100,000 in this category for three liquid brine sprayers, a brine mixing
system, and bulk storage. The equipment enhances the City’s existing brine operation, moving from
small-scale manual batching to automated, higher-volume mixing with greater storage capacity, so
crews can pre-treat more routes ahead of a weather event rather than being limited by how much
material can be produced at one time. Additionally, $2,000,000 will be transferred to establish the
Public Safety Equipment Replacement Fund to build dedicated capacity to replace the protective,
communications, medical, rescue, and operational equipment.

Technology. To support the concept of high-performance management and strong service delivery, the
Council has identified strategic corporate objectives that emphasize future-readiness and strong risk
management. The Strategic Initiative Fund has traditionally covered the cost of high impact technology
Budget Overview
solutions for the City.

Council established a Technology Infrastructure and Security Fund to ensure sustainable funding that
recognizes ongoing technological change and advancement. For this fiscal year, $1,000,000 will be
transferred to this fund to cover certain technology expenses. No additional technology expenditures are
budgeted directly from the SIF in FY 2027. Technology investments are made through the Technology
Infrastructure and Security Fund, described earlier in this section.

Budgeted expenditures for the Strategic Initiative Fund total $525,000. Transfers to other funds total
$7,500,000, comprising $2,500,000 to the Capital Improvements Program, $2,000,000 to the Facility
Maintenance Fund, $2,000,000 to the new Public Safety Equipment Replacement Fund, and $1,000,000
to the Technology Infrastructure and Security Fund. The projected ending fund balance is $3,617,697.
Figure 21 shows SIF expenses by category for the fiscal year.

SUMMARY

The City of Southlake has over 50 funds with specific purposes which are defined by federal, state, or
local laws. They include the General Fund which is used for general City operations, the Utility Fund
which is used to support the City’s water, sewer, drainage, and solid waste service, and a multitude
of Special Revenue, Debt Service Funds, and Capital Project Funds. Simply stated, funds are set up
like separate companies which must operate under specific parameters. These fund highlights have
been provided as an overview of each fund. To review further, please see the following sections of this
document.

72 FY 2027 City of Southlake | Budget Book FY 2027 City of Southlake | Budget Book 72