Page 141 - Southlake FY24 Budget

City of Southlake Scorecard

Measure Target Previous Previous Current Source Timing
Period Period Period
Partnerships & Volunteerism

Volunteer Value > $258,229 $457,113 $626,612 City of South- Annual
Total number of $600,000 lake Volunteer Current
volunteer hours served Office Period: Strategic Direction
through 2023
Volunteer Southlake
multiplied by the
national value of
service hours
Citizen Rating 75% 73% 68% 72% Citizen Annual
Percent of survey Satisfaction Current
respondents rating Survey Period:
the city’s effort to 2022
enhance the sense
of community by
providing excellent
customer service and
citizen engagement
opportunities as
excellent or very good
Performance Management & Service Delivery: Finance
Financial Management Award Award Award Award Government Annual
Recognition Received Received Received Received Finance Officers Current
Distinguished Budget Association Period:
Presentation Award 2023

Financial Management Award Award Award Award Government Annual
Recognition Received Received Received Received Finance Officers Current
Excellence in Association Period:
Financial Reporting 2023
Award
Financial Management Award Award Award Award Government Annual
Recognition Received Received Received Received Finance Officers Current
Popular Annual Association Period:
Financial Report 2023
Award
Bond Rating AAA by AAA by AAA by AAA by Standard & Annual
Rating assigned by Three Three Three Three Poor’s, Moody’s, Current
credit agencies for the Agencies Agencies Agencies Agencies Fitch Ratings Period:
city’s tax-supported 2022
debt
Total Taxable Value N/A $7.8 Billion $8.2 Billion $9.0 Billion Tarrant Annual
Assessed value of Appraisal Current
properties minus any District Period:
exemptions. This is the 2023
value against which
the tax rate is applied.
Long-Term Debt < 2% 0.27% 0.22% 0.24% City of Annual
Long-term debt as a Southlake, Current
percent of assessed Finance Period:
value Department 2023

FY 2024 City of Southlake | Budget Book 141