Page 349 - Southlake FY20 Budget

CIP

HOW WELL IS THE CITY PERFORMING IN MEETING

THE NEEDS OF SOUTHLAKE RESIDENTS? Manage Traffic Congestion 41%
56%
22%
Gap Threshold: Any service with a 25% or higher gap is identified for prioritization Provide Pedestrian Pathways, Sidewalks, And Trails 32%
Importance vs. Satisfaction – 2015 vs. 2017
Provide Bicycle Facilities/ Bicycle Friendly Streets** 32%
25%
56%
Manage Traffic Congestion Develop/Implement Programs To Retain/Support 23%
53% Businesses 21%

Provide Pedestrian Pathways, 32% Maintain Local Streets And Roads 12% 2013 2015
Sidewalks, And Trails 32% 20%

15% Provide Local Election Information 21%
X Provide Animal Control Services 2015 2017 19%
21%
13% X Indicates significant Provide Information On Development* 18%
difference at 95%
X Prepare The City For Emergencies confidence level when 2017 19%
20% results are compared 2015 Provide Animal Control Services
15%
X Patrol To Ward Off Criminals 13% 19%
19% Provide Senior Services 15%
13%
X Provide Code-Enforcement Services
19%
25%
X Provide Information On
Bicycle Safety And Education 15%

The City of Southlake, like many cities, is under pressure to make efficient use of capital resources and must make
difficult choices. There are more needs than can be satisfied at once, and the selection of one investment over another
may shape the development of the City for years to come.

Capital improvements programming is a valuable tool to ensure that choices are made wisely. The City’s development
goals are implemented, in part, by the careful provision of capital facilities. The benefits of this systematic approach to
planning capital projects include the following:

• Focuses attention on community goals, needs, and capabilities.
Through capital improvements programming, capital projects can be brought into line with the City’s long-range
plans by balancing identified needs with financial capacities. Considered individually, a new park, water system
improvements, and street widening may be great ideas; however, each project may look quite different when, in the
course of the Capital Improvements Program process, it is forced to compete directly with other projects for limited
funds.

• Optimizes use of the taxpayer’s dollar.
The Capital Improvements Program helps the City Council and City Manager make sound annual budget decisions.
Careful planning of capital improvements helps prevent costly mistakes. In addition, capital planning allows the
City to save money in several other ways. For example, investors in municipal bonds tend to look more favorably on
communities that have a Capital Improvements Program; if bond financing is selected for a capital improvement
project, the City may realize significant savings on interest.

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