Page 123 - Southlake FY22 Budget
P. 123

CITY PrOFILE



        A  key  element  of  Southlake’s  Financial  Trend  Monitoring  System  includes  identifying  how  Southlake’s  financial
        condition compares with that of selected benchmark cities.  Although there are differences between cities such as
        transportation networks, geographical constraints, population, infrastructure and budgets, it is helpful for a city to
        identify peer cities that have similar conditions to its own or are located in the same labor market, in order to best
        assess its own fiscal health.


        Southlake has identified eighteen benchmark cities within the Dallas-Fort Worth region.  The list of these cities can
        be seen below.  By collecting and analyzing data from these cities, the City of Southlake is in a better position to know
        how well we are performing and in what ways we may need to make adjustments to ensure the City’s fiscal health and
        sustainability.










                                     CiTy Of                                  CiTy Of              CiTy Of
             CiTy Of allen         arlingTOn         CiTy Of BedfOrd        CarrOllTOn           COlleyville
















            CiTy Of COPPell      CiTy Of euless           CiTy Of             TOwn Of          CiTy Of frisCO
                                                         farmers
                                                         BranCh           flOwer mOund













                CiTy Of          CiTy Of hursT        CiTy Of keller          CiTy Of           CiTy Of nOrTh
              graPevine                                                      mCkinney          riChland hills















                                 CiTy Of PlanO           CiTy Of             CiTy Of
                                                      riChardsOn         universiTy Park


      122    FY 2022 City of Southlake  |  BUDGET BOOK
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