Page 131 - CityofSouthlakeFY27Budget

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TMRS RETIREMENT CONTRIBUTION RATE
This chart reflects the Texas Municipal Retirement System (TMRS) contribution rate the City of Southlake
is required to pay annually compared to the amount the City has paid. This contribution rate is set
City Profile
by TMRS. Since 2016 the City has exceeded the contribution requirement in an effort to reduce the
amortization period.

dDZ^ KEdZ/ hd/KE Z d dh > /dz KEdZ/ hd/KE Z d
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> E Z z Z

TMRS
Calendar Year Actual City Contribution Rate
Contribution Rate
2013 12.14% 12.14%
2014 12.05% 12.05%
2015 12.17% 12.17%
2016 11.62% 12.39%
2017 12.27% 12.48%
2018 12.38% 12.68%
2019 12.49% 12.82%
2020 12.58% 12.84%
2021 12.52% 12.70%
2022 12.47% 12.70%
2023 12.40% 12.70%
2024 12.72% 12.80%
2025 13.15% 13.25%
2026* 13.47% 13.85%

FY 2027 City of Southlake | Budget Book 131