Page 122 - CityofSouthlakeFY25AdoptedBudget

A key element of Southlake’s Financial Trend Monitoring System includes identifying how Southlake’s
financial condition compares with that of selected benchmark cities. Although there are differences between
cities such as transportation networks, geographical constraints, population, infrastructure and budgets, it
is helpful for a city to identify peer cities that have similar conditions to its own or are located in the same
labor market, in order to best assess its own fiscal health.

Southlake has identified eighteen benchmark cities within the Dallas-Fort Worth region. The list of these
cities can be seen below. By collecting and analyzing data from these cities, the City of Southlake is in a
better position to know how well we are performing and in what ways we may need to make adjustments
to ensure the City’s fiscal health and sustainability.
City Profile

City of City of City of
City of Allen City of Bedford
Arlington Carrollton Colleyville

City of Coppell City of Euless City of Town of City of Frisco
Farmers
Branch Flower Mound

City of City of Hurst City of Keller City of City of North
Grapevine McKinney Richland Hills

City of Plano City of City of
Richardson University Park

122 FY 2025 City of Southlake | Budget Book