Building Services Fund

Fund Description

Established in 2015, the Building Services Fund accounts for the maintenance of various town facilities, including Town Hall and Police Station. Each town department that requires facilities maintenance pays a monthly fee deposited into this fund account. The finances of this fund are restricted to recovering the costs associated with town facilities maintenance.

FY 2022 Changes

  • $400,000 - Development Services Finish Out

FY 2022 Overview

Ending Fund Balance

The Town transfers large amounts of funding into the Building Services fund at the end of FY 2019 to construct Town Hall and the New Police Building. By the end of FY 2020, these funds were all utilized.

Demand Driver

The population of the Town of Northlake is rapidly increasing, which is causing a corresponding increase in staffing to meet the demand for services.

Service Driver

As Town staffing increases to meet the service demand, the expenses of this fund will also grow to provide adequate facilities for staff.

Fund Data Table