Page 4 - Southlake FY24 Budget

Introduction

THE

BUDGET

PROCESS

How We Work

The Government Finance Officers Association of the United States and Canada (GFOA) presented a
Distinguished Budget Presentation Award to the City of Southlake, TX for its annual budget for the
fiscal year beginning October 1, 2022. In order to receive this award, a governmental unit must publish
a budget document that meets program criteria as a policy document, as an operations guide, as a
financial plan and as a communications device. The award is valid for a period of one year only. We
believe our current budget continues to conform to program requirements, and we are submitting it to
GFOA to determine its eligibility for another award.