Page 147 - CityofSouthlakeFY25AdoptedBudget

City of Southlake Scorecard

Measure Target Previous Previous Current Source Timing
Period Period Period
Unreserved General 15% - 25% 36% 39% 32% City of Southlake, Annual
Fund Balance as a Finance Office Current
% of Period: 2023
Operating
Expenditures Strategic Direction
Excess of the city’s
assets over its
liabilities

TRMS Funded Ratio 80% - 91.1% 90.6% 90.50% Texas Municipal Annual
Ratio of the actuarial 100% Retirement Current
value of assets to System Period: 2024
the actuarial accrued
liability

TMRS Amortization N/A 22.2 years 21.0 years 20.0 years Texas Municipal Annual
Period Retirement Current
The funded ratio System Period: 2023
is the ratio of the
actuarial value
of assets to the
actuarial
accrued liability
Performance Management & Service Delivery: Talent Management

Employee 4.50 4.22 4.22 4.10 Gallup Biennial
Engagement Grand Grand Grand Grand Employee Current
Involvement and Mean Mean Mean Mean Engagement Period: 2023
enthusiasm of Score Score Score Score Survey
employees with their
work as
expressed by overall
survey engagement
score

Voluntary Turnover < 8% 12.1% 15.7% 13.0% City of Southlake, Annual
Rate Human Current
Full-time turnover Resources Period: 2023
rate, excluding Department
involuntary
separations

Time to Fill < 90 days 129 days 185 days 121 days City of Southlake, Annual
Average number of Human Current
days it takes to fill a Resources Period: 2023
full-time Department
vacant position, from
vacancy to job
acceptance

Library Recognition Award Award Award Award Texas Municipal Annual
Library Achievement Received Received Received Received Library Directors Current
of Excellence Award Association Period: 2023

FY 2025 City of Southlake | Budget Book 147