Page 158 - CityofSouthlakeFY25AdoptedBudget

consider service level demands and identify the potential service level impacts that could occur if the cost
of existing services is limited to the CPI gauge. The City’s focus will be on preparing and recommending
a budget that does not include service level reductions, carefully documenting any need to exceed the
established CPI gauge.

Not included in the projections are program enhancements related to increases for mandates, growth,
additional or expanded services, technology enhancements or other causes for the forecast window. All
discretionary items will be considered during the annual budget development process.

Multi-Year Operating Plan Analysis
The FY 2025 to FY 2029 five-year financial forecast indicates a structurally balanced budget, while aligning
with the City’s financial principles. However, under certain conditions, this forecast indicates a potential
impact to service levels, should expenditure growth needs exceed the CPI gauge and additional growth is
not accommodated. This forecast is continually updated throughout the fiscal year to ensure continued
accuracy of these projections.

Multiyear Operating Plan

158 FY 2025 City of Southlake | Budget Book