Item 10BFY 2011 Proposed Budget
Strategic Investment
Shana Yelverton
City Manager
Budget Basics
Annual budget
FY = Oct. 1 – Sept. 30
Multi-year planning
Fund Accounting
General Fund
Debt Service Fund
Utility (Enterprise) Fund
SPDC/CCPD
Special Revenue Funds
Integrity Innovation Accountability Commitment to Excellence Teamwork
Expenditure Summary (All Funds)
General Fund
$30,718,756
Strategic Initiative Fund
$1,375,000
Vehicle Replacement
Fund
$224,000
Crime Control
District Fund
$381,312
SPDC Fund
$3,273,870
Utility Fund
$19,882,527
Debt Service Fund
$11,755,092
Other Revenue Funds
(Reforestation, Bicentennial
Concessions, Park Dedication,
Hotel Occupancy, Library,
Recycling, Court Funds, Public Art, Red Light Camera
& TIF Operating)
$1,915,878
Total
Expenditures
$70,271,364
Stormwater Fund
$744,929
Revenues
Expenses
________________________________________
Net Revenues ≥ $100,000
Transfer Indirect Charges
Net Revenue AFTER Transfer
General Fund Revenue
General Fund Expenses
FY 2010 Budget Summary(Utility Fund)
Structurally balanced
Net revenues acceptable
Optimal reserves
No planned service reductions
Expenses cut or deferred
Strategic investments
Integrity Innovation Accountability Commitment to Excellence Teamwork
COUNCIL PRIORITY INVESTMENTS
City of Southlake Strategy Map
The City of Southlake provides municipal services that support the highest quality of life for our residents and businesses. We do this by delivering outstanding value and
unrivaled quality in everything that we do.
Fulfill Our
Mission
Live Our Core Values
Promote
Learning
and Growth
Provide
Financial
Stewardship
Serve Our
Customers
Manage the
Business
Safety and Security
Deliver on Our
Focus Areas
Infrastructure
Quality
Development
Mobility
Performance Management
and Service Delivery
Partnerships
and Volunteerism
Council Priority Investments
Safety & Security
School zone signs & pavement markings
Crosswalk safety initiatives
Traffic enforcement initiatives
Town Square security initiative
Safety Town Park
Police & fire equipment
K9 Program
Council Priority Investments
Mobility
Pathways construction
FM 1938 Phase II
Kimball Ave. widening
Kirkwood Blvd. connector
Street rehab with Tarrant County
In-house paving capability
Wayfinding signage
Council Priority Investments
Infrastructure
DFW Connector utilities
20” water main (SH 114)
TW King Meter Station
8” sewer (N. Carroll)
12” water lines (2)
Bicentennial Park Phase II
North Park development
Multipurpose Facility (set aside)
Council Priority Investments
Performance Management
IT Service Management
Laserfiche records management technology
Council Priority Investments
Quality Development
2030 Plan Development
Beautification Initiatives
Town Square Enhancements
(public spaces)
FM 1709 lighted street signs
Council Priority Investments
Partnerships & Volunteerism
Joint Use – CISD
Joint Jail & Dispatch Center
Metroport Teen Court
Volunteer Southlake!
Community Events Participation Program
Community Service Agreements
Citizen Survey - Service Importance vs. SatisfactionHow important are the following services? How satisfied are you with the job the City is doing to provide these services?
% Gap between Service Importance and Service Satisfaction
Community Priority Investments
Pathway construction
Priority Plan
CIP = $800,000
Community Priority Investments
Traffic Management
FM 1938 Phase II
N. Kimball Avenue Phase II
Kirkwood Blvd.
Radar speed signs
School zone crosswalks
Wayfinding signage
Community Priority Investments
Emergency Management
Southlake Office of
Emergency Management
Community Priority Investments
Stormwater Drainage
FM 1938 detention
Localized projects
Street sweeping (limited)
Neighborhood Investments
Road resurfacing
Water improvements
Sewer extensions
Park improvements
Core Service Investments
Communication & technology initiatives
Facility maintenance
Records management
Fleet management
Workforce Investments
Lump sum COLA increase (based on CPI)
Employee portion of health care cost increases
Post-retirement health trust (GASB 45)
Proposed FY 2011 BudgetStrategic Investment
Questions?
Shana Yelverton
817.748.8001
www.cityofsouthlake.com/FY2011