Page 46 - Southlake FY23 Budget

TRAnSmITTAL LETTER

SIDEWALKS & TRAILS WASTEWATER COMMUNITY ENHANCEMENT
3.5% 3.2% 0.3%
STORM WATER
4.0%

WATER
5.8%

FACILITIES
42.5%
PARKS
15.3%

ROADS
25.4%

Figure 14: FY 2023 Capital Improvements Program - allocation by project type

Summary

The FY 2023 proposed budget has been developed in adherence to the City’s established financial principles and with
the City’s strategic goals in mind. It implements recommendations of Southlake 2030 and 2035. It provides tax relief,
as well as high quality service delivery for ongoing programs and services. It implements initiatives to provide for
long-term financial sustainability, including aggressive debt management. It addresses employee compensation and
benefits to ensure that Southlake continues to be an employer of choice. Multi-year financial planning has guided the
development of this budget. The staff is looking forward to beginning the new fiscal year with its new opportunities.

Respectfully submitted,

Shana K. Yelverton

Shana K. Yelverton
City Manager

BUDGET BOOK | FY 2023 City of Southlake 45
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