Page 214 - CityofSouthlakeFY27Budget

TABLE OF CONTENTS

FY 20 2 7 S TRA TEGIC Priorities
FY 2027 STRATEGIC Priorities

BALANCED BUDGET & FORECASTING
1 Develop and adopt a structurally balanced annual budget supported by a rolling five-year

forecast that aligns resources with strategic priorities and community needs.

ACCURATE & TIMELY FINANCIAL REPORTING
2 Provide accurate, transparent, and timely financial reporting through quarterly dashboards,

monthly departmental reports, and the audited Annual Comprehensive Financial Report
(ACFR).

FISCAL STEWARDSHIP AND OPTIMIZATION
3 Demonstrate fiscal stewardship by identifying opportunities to reduce costs, diversify

revenues, and streamline financial processes to maximize value and efficiency.

RELIABLE AND SECURE INFRASTRUCTURE
4 Maintain and strengthen the City’s IT infrastructure by ensuring system reliability, minimizing
downtime, and implementing robust cybersecurity protections.

BUSINESS CONTINUITY & DISASTER RECOVERY
5 Create a comprehensive Disaster Recovery Plan (DRP) to ensure the City’s critical IT

systems can be restored quickly and effectively in the event of an outage, cyber incident, or
emergency.

FY 2027 City of Southlake | Budget Book 215