Page 133 - CityofSouthlakeFY25AdoptedBudget

TMRS Retirement Contribution Rate

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Calendar Year 2024

This chart reflects a side by side comparison of the Texas Municipal Retirement System (TMRS) contribution
rate for the City of Southlake and its benchmark cities. This chart shows that Southlake’s required contribution
rate is lower than average. As noted previously, the City of Southlake has exceeded the contribution
requirement in order to reduce the amortization period.

TMRS Retirement TMRS Retirement
City City
Contribution Rate Contribution Rate
Allen 16.08% Grapevine 20.14%
Arlington 11.70% Hurst 14.19%
Bedford 17.06% Keller 16.82%
Carrollton 12.13% McKinney 15.89%
Colleyville 10.76% North Richland Hills 18.27%

Coppell 18.10% Plano 18.20%
Euless 18.63% Richardson 15.45%
Farmers Branch 19.97% University Park 8.49%
Flower Mound 11.99% Southlake 12.80%
Frisco 15.16%

FY 2025 City of Southlake | Budget Book 133