Page 43 - CityofSouthlakeFY26AdoptedBudget
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Multi-Year Operating Plan
As the annual budget is developed, it is important to provide high quality services that are sustainable.
We must look beyond the current budget year to properly plan for future operations and to analyze the
impact current decisions will have on long-term financial objectives. In this regard, staff has prepared a
multi-year plan in conjunction with the FY 2026 budget.
The multi-year plan assumes conservative revenue growth and conservative property tax rate
management guided by tax relief goals. The plan assumes no service level reductions and provides for
growth in expenditures due to inflation and other known market pressures and cost drivers. Additionally,
this plan includes the infrastructure development costs planned for in the City’s Capital Improvements
Program adopted in February 2025 and contemplates adjustments needed to implement the City’s
compensation philosophy and remain an employer of choice.
FY 2026 City of Southlake | Budget Book 43
