Page 166 - CityofSouthlakeFY27Budget

TABLE OF CONTENTS

City of Southlake Scorecard

Measure Target Current Previous Previous Source Timing
Period Period Period

Unreserved General 15% - 25% 25.8% 25.9% 34.8% City of Southlake, Annual
Fund Balance as a Finance Office Current
% of Period:
Operating FY 2027
Expenditures
Excess of the city’s
assets over its
liabilities

TMRS Funded Ratio 80% - 90.6% 90.00% 90.50% Texas Municipal Annual
Ratio of the actuarial 100% Retirement Current
Strategic Direction
value of assets to System Period: 2025
the actuarial accrued
liability
TMRS Amortization 20 years 18.1 years 19.1 years 20.0 years Texas Municipal Annual
Period Retirement Current
The funded ratio System Period: 2025
is the ratio of the
actuarial value
of assets to the
actuarial
accrued liability
Performance Management & Service Delivery:
Talent Management

Employee 4.50 4.15 4.06 4.10 Gallup Annual
Engagement Grand Grand Grand Grand Employee Current
Involvement and Mean Mean Mean Mean Engagement Period: 2025
enthusiasm of Score Score Score Score Survey
employees with their
work as
expressed by overall
survey engagement
score
Voluntary Turnover < 8% 10.6% 15.6% 13.0% City of Southlake, Annual
Rate Human Current
Full-time turnover Resources Period: 2025
rate, excluding Department
involuntary
separations
Time to Fill < 90 days 60 days 54 days 121 days City of Southlake, Annual
Average number of Human Current
days it takes to fill a Resources Period: 2025
full-time Department
vacant position, from
vacancy to job
acceptance
Library Recognition Award Award Award Award Texas Municipal Annual
Library Achievement Received Received Received Received Library Directors Current
of Excellence Award Association Period: 2026

166 FY 2027 City of Southlake | Budget Book FY 2027 City of Southlake | Budget Book 167