Page 54 - Southlake FY23 Budget

BUDGET OvERvIEw

GUIDE TO THE BUDGET DOCUmEnT
Guide to the Budget Document

The communications plan includes:

• Public hearings;
• Live, televised coverage of City Council work sessions,
meetings and public hearings;
• Presentations to City boards and commissions; HAVe A Budget comment
• Access to all volumes of the Proposed and Adopted budgets
through the Southlake Public Library system; and, or SuggeStion?
• Internet access to all budget documents and videos of public CONTACT THE CITY MANAGER’S OFFICE AT
meetings at www.CityofSouthlake.com. 817-748-8400 OR AT
TALKTOUS@CITYOFSOUTHLAKE.COM
In addition to communication provided during the budget process,
the budget is developed using feedback from the City’s biennial
Citizen Satisfaction Survey. In this survey residents tell the City what they think are the most important services
and what they are most satisfied with. Using this information, the budget is developed to ensure that these service
priorities are continually met. Figure 2 below shows the services rated with the highest importance in the last survey,
conducted in October 2021. This survey data will be used to inform budget recommendations for FY 2024 as well.
The next survey will be conducted in October 2023.

HOW WELL IS THE CITY PERFORMING IN MEETING THE NEEDS OF
SOUTHLAKE RESIDENTS?

Top Ten Services - Importance

Figure 2: 2021 Citizen Survey top 10 Most Important Services

BASiS oF Accounting

The City of Southlake utilizes the modified accrual basis of accounting which is a method of accounting for revenues
and expenses when earned or incurred instead of when cash is received or spent.

BUDGET BOOK | FY 2023 City of Southlake 53
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