Page 146 - CityofSouthlakeFY26AdoptedBudget

TMRS Funded Ratio & Amortization Period

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City Profile
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Southlake Desired
As of December 31, 2024 Range per Policy

This chart reflects the funded ratio and the amortization period for the City of Southlake and its
benchmark cities with Texas Municipal Retirement System (TMRS). The funded ratio is the ratio of
the actuarial value of assets to the actuarial accrued liability. Ratios above 80% are considered to
be positive. The amortization period is the period over which the existing unfunded actuarial accrued
liability is projected to be paid off. As you can see, Southlake currently has the longest amortization
period, compared to its benchmark cities. The City is actively working to raise the funded ratio and
lower the amortization period by exceeding the annual contribution requirement

Amortization Amortization
City Funded Ratio City Funded Ratio
Period (Years) Period (Years)
Allen 87.2% 18.8 Grapevine 87.6% 14.2
Arlington 97.1% 18.7 Hurst 91.1% 12.8
Bedford 67.2% 16.3 Keller 87.6% 16.4
Carrollton 96.1% 11.0 McKinney 87.2% 18.8
Colleyville 95.1% 18.8 North Richland Hills 90.5% 14.7
Coppell 88.3% 16.5 Plano 91.4% 12.4
Euless 92.2% 11.2 Richardson 92.5% 10.6
Farmers Branch 90.8% 13.8 University Park 89.9% 7.8
Flower Mound 81.3% 18.7 Southlake 90.0% 19.1
Frisco 88.3% 18.9

146 FY 2026 City of Southlake | Budget Book FY 2026 City of Southlake | Budget Book 146