Page 117 - Southlake FY23 Budget
P. 117
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 mCkinney City of north
graPeVine riChlanD hillS
City of Plano City of City of
riCharDSon uniVerSity Park
116 FY 2023 City of Southlake | BUDGET BOOK
WWW.CITYOFSOUTHLAKE.COM
