Page 180 - CityofSouthlakeFY27Budget

TABLE OF CONTENTS

Conclusion. The multi-year forecast confirms that Southlake is on a strong financial path while highlighting
the importance of disciplined cost control and proactive revenue management. By maintaining this
focus, and continuing to update the forecast as economic conditions change, the City can ensure that
decisions made today support a stable, high-quality future for the community.

General Fund Five Year Financial Forecast*
FY 2027 - FY 2031

FY 2027 FY 2028 FY 2029 FY 2030 FY 2031
Fund
Budget Forecast Forecast Forecast Forecast

Revenues $61,275,801 $62,699,338 $63,602,183 $65,081,761 $65,974,867

Expenses -
Operating
Multi-year Operating Plan
(capped at 3% $57,554,637 $59,281,276 $61,059,714 $62,891,506 $64,778,251
CPI growth
factor)
SIF Transfer
- Capital
Project Cash $2,500,000 $2,000,000 $1,000,000 $1,000,000 $1,000,000
Funding
SIF Transfer
– Facility $2,000,000 $1,500,000 $1,000,000 $500,000 $500,000
Maintenance

Vehicle
Replacement $1,500,000 $500,000 $500,000 $1,000,000 $1,000,000

Transfer -
Technology $1,000,000 $1,000,000 $1,000,000 $500,000 $1,500,000

Public Safety
Equipment $2,000,000 $1,000,000 $500,000 $500,000 $500,000
Replacement

Other
Transfers $250,000 $300,000 $300,000 $300,000 $300,000

Reserves $14,837,424 $14,935,410 $14,178,932 $13,487,324 $14,058,500

Reserves as %
of operating $25.78% 25.19% 23.22% 21.45% 21.70%
expenses

*Forecast is not a budget, but is a preliminary estimate of FY 2027 to FY 2031 financial results.

180 FY 2027 City of Southlake | Budget Book FY 2027 City of Southlake | Budget Book 180