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Plan. It contains formal recommendations to ensure positive financial outcomes for the City (highlighted
in Figure 4). The full Economic & Fiscal Wellness section of this plan is also in the Appendix of this
document. It is important to note that staff is currently working with the City Council to update related
policies and guiding principles in the coming year.

This budget has been prepared with the multi-year analysis as part of the budget development criteria.
To review the multi-year analysis further, see the Multi-Year Operating Plan section of this document.

Conclusion

The FY 2026 budget has been developed in adherence to the City’s established financial principles and
with the City’s strategic goals in mind. It implements recommendations of the Southlake Comprehensive
Budget Overview
Plan. It provides high quality service delivery for ongoing programs and services and implements initiatives
to provide for long-term financial sustainability, including aggressive debt management. It addresses
employee compensation and benefits to ensure that Southlake continues to be an employer of choice.
Multi-year financial planning has guided the development of this budget. This budget accomplishes all
of these goals while providing important tax relief and maintaining as low of a tax rate as possible.

I want to thank the Mayor and City Council for your guidance and decisions made during strategic
workshops and budget work sessions and reiterate my thanks to every member of our team who worked
to contribute to the preparation of this budget proposal. We are looking forward to beginning the new
fiscal year with its new opportunities.

Respectfully submitted,

Alison D. Ortowski

Alison D. Ortowski
City Manager

26 FY 2026 City of Southlake | Budget Book FY 2026 City of Southlake | Budget Book 27