Page 339 - CityofSouthlakeFY26AdoptedBudget

Funding for SPDC projects since 1993 totals more than $96 million, allowing developed park acreage
to almost double since 2008. This includes investments for land acquisition and development of:
Bicentennial Park ($46.7 million), Bob Jones Park ($15.9 million), North Park ($8.8 million) Athletic
Field turf ($11.5 million), neighborhood parks throughout Southlake ($4.2 million), and Southlake Sports
Complex ($2.9 million). See Figure 4 for SPDC project funding since 1993.

When the City Council adopted the Parks, Recreation, and Open Space Comprehensive Plan, the plan
showed an 85% increase in total park acreage over that identified in the 2025 plan. This growth has Special Revenue Funds
prompted the City Council to work with the SPDC Board of Directors and Parks and Recreation Board
to transition certain park operating costs out of the General Fund and into the SPDC operating fund.
While the SPDC budget can and should be used to support operational costs associated with the
improvements funded, these funds may not be used to support the general operations of the City.

FY 2026 City of Southlake | Budget Book 339