Page 64 - CityofSouthlakeFY27Budget

TABLE OF CONTENTS

FACILITY MAINTENANCE Facility Maintenance Fund
FUND Expenditure Highlights

Using the Strategic Initiative Fund (SIF), the City Operations
was able to establish a dedicated fund to set aside
dollars for large-scale facility maintenance, as Item Expenditure
recommended in the City’s Sustainability Plan. For Town Hall Exterior $600,000
this fiscal year, the City will continue the practice Masonry Sealing
of transferring SIF dollars into the fund, with the City Facility Condition $100,736
goal of maintaining a reserve equal to 10% of the Assessment
total value of the City’s physical plant. A transfer Parking Garage
Budget Overview
of $2,000,000 from the SIF is budgeted for this Structural Inspections
& Assessment
purpose. (Southlake Town $25,800
Square & DPS
City staff currently manages approximately Headquarters)
880,380 square feet of facility infrastructure Town Hall Entry Stairs $13,600
across the organization, including The Marq Cleaning & Sealing
Southlake, which is supported by a separate fund Town Hall Elevator Fob $10,000
for major maintenance. Day-to-day facility upkeep Security Addition
is absorbed into various departmental operating DPS HQ Apparatus $7,474
budgets; however, this fund ensures the City is Bay Door Painting
proactively planning for capital-level maintenance
needs and system replacements over the long term. The projected ending fund balance of $17,292,452
reflects the current policy goal of reserving 10% of the total plant value (excluding The Marq).

Looking ahead, the City is in the process of finalizing construction of one of Southlake’s newest
operational investments: the new Municipal Service Center and Public Safety Training Tower, located on
a 13-acre site at 1605 Brumlow Avenue. This facility will replace the aging Public Works Operations site
on Continental Boulevard and consolidate multiple departments currently housed in separate locations.
When completed in 2027, the facility will add approximately 37,000 square feet to the City’s managed
building inventory, including a two-story administration building, a service bay facility for fleet and
equipment maintenance, and a four-story public safety training tower to support realistic, scenario-
based training for Fire and Police personnel.

Southlake Sustainability Comprehensive Plan

EFW3: Fund and adopt annual City operating budget, capital
projects and equipment through sound financial policies.

“The Facility Maintenance Fund should maintain a reserve
equivalent of 10% of total City facility asset value.”

The FY 2027 budget includes a transfer from the General Fund
of $2,000,000 towards this goal.

64 FY 2027 City of Southlake | Budget Book FY 2027 City of Southlake | Budget Book 65