Page 462 - Southlake FY23 Budget

APPEnDIx
Financial Policies
FInAnCIAL POLICIES

city of southlake

tirZ #1 eXpenDiture guiDelines

• GUIDING PRINCIPLE: Expenditures of TIRZ #1 Funds will support implementation of the Project and Financing
Plan.
• Expenditures will comply with statutory provisions.

• Expenditures will support implementation of comprehensive plan recommendations related to:

• Pedestrian connectivity

• Public parks

• Expenditures will support the development of public infrastructure within the zone:
• Streets

• Water

• Waste water

• Storm water
• Parking facilities

• Expenditures will support operations and public space maintenance needs for:

• Southlake Town Hall

• DPS Headquarters
• Public parks and other public spaces

• Infrastructure

• Expenditures will support the following school safety initiatives:

• Improvements to educational facilities within the zone necessary to enhance school safety

• Funding for School Resource Officers serving in facilities located within the Zone

BUDGET BOOK | FY 2023 City of Southlake 461
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