Page 336 - Southlake FY24 Budget

City of Southlake
Economic Development Investment Fund Expenditure
Guidelines

GUIDING PRINCIPLE:
Expenditures of Economic Development Investment Funds will stimulate the local economy by providing
funding to achieve the City’s strategic economic development goals

Expenditures will support implementation of the Economic Development Master Plan which is focused on
achieving a vibrant, sustainable economy.
Appendix
Expenditures for public investment that have no alternate funding source which may include:
- Project enhancements desired by the City that meet established development goals such as open space
preservation

- Up-front incentive designed to address unique needs such as job creation tied to occupancy of an
historically vacant property or job retention related to redevelopment

Non-recurring studies or planning needs that promote growth in target industries.

Non-recurring marketing and other recruitment efforts designed to support the development of target
industries.

336 FY 2024 City of Southlake | Budget Book