Page 149 - CityofSouthlakeFY27Budget
P. 149
TABLE OF CONTENTS
TMRS FUNDED RATIO & AMORTIZATION PERIOD
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
City Profile
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. The City is actively working to raise the funded ratio and lower the
amortization period by exceeding the annual contribution requirement
DKZd/ d/KE W Z/K ;z Z^Ϳ &hE Z d/K
Ϯϱ͘Ϭ ϭϭϬ͘Ϭй
ϵϲ͘ϵй ϵϳ͘ϱй ϭϬϬ͘Ϭй
ϮϬ͘Ϭ ϵϯ͘ϴй ϵϱ͘ϭй
ϵϭ͘ϱй ϵϮ͘ϭй ϵϮ͘ϲй ϵϮ͘ϴй ϵϮ͘ϵй ϵϯ͘ϱй
ϵϬ͘ϲй
ϴϴ͘Ϭй ϴϴ͘ϱй ϴϴ͘ϲй ϴϴ͘ϳй ϴϴ͘ϳй ϴϵ͘ϭй ϵϬ͘Ϭй
ϭϱ͘Ϭ
ϴϮ͘ϱй
ϴϬ͘Ϭй
ϭϬ͘Ϭ
ϳϬ͘Ϭй
ϲϮ͘ϵй
ϱ͘Ϭ
ϲϬ͘Ϭй
Ϭ͘Ϭ ϱϬ͘Ϭй
As of December 31, 2025
Amortization Amortization
City Funded Ratio City Funded Ratio
Period (Years) Period (Years)
Allen 88.0% 17.9 Grapevine 88.7% 13.2
Arlington 97.5% 17.7 Hurst 92.8% 11.0
Bedford 62.9% 16.2 Keller 88.7% 15.4
Carrollton 96.9% 9.4 McKinney 88.6% 17.8
Colleyville 95.1% 17.9 North Richland Hills 91.5% 13.8
Coppell 89.1% 15.6 Plano 92.6% 11.6
Euless 93.8% 10.7 Richardson 93.5% 10.2
Farmers Branch 92.9% 14.1 University Park 92.1% 6.4
Flower Mound 82.5% 17.7 Southlake 90.6% 18.1
Frisco 88.5% 18.1
FY 2027 City of Southlake | Budget Book 149

