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Item 4D AudioP PP "CITY OF SOUTHLAKE Item 4D Resolution No. 11 -045, Committing Revenue Sources for Specific Purposes and Providing an Effective Date Honorable Mayor and members of the City Council, Item 4H on tonight's agenda is to Resolution 11 -045 • Governmental Accounting Standards Board ( "GASB ") • Statement 54 • Fiscal years beginning after June 15, 2010 Resolution 11 -045 • GASB 54 • Restricted • Committed • Assigned • Unassigned Resolution 11 -045 -Commits revenue sources for a specific purpose -Change in reporting presentation only 5 01&7• 11M &li ma 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 unrivaled quality in everything that we do. value and - • C1 Achieve the C2 Provide travel C3 Provide attractive C4 Attract and keep highest convenience and unique spaces tier businesses to drive top- C5 Promote opportunities for standards of within City and for enjoyment of a dynamic and safety and region personal interests sustainable economic partnerships and volunteer involvement %M— security environment B3 Eh id X 61 Achieve B2 Collaborate with Enhance resent B4 Provide best select partners to quality of life and high quality er Improve performance 1360ptimize " _ -in -class status in all City implement service business customer sustainabie through service disciplines solutions g of delivery and use of operational technology processes tourism is F1 Adhere to financial F2 Invest to provide and F3 Achieve fiscal management maintain high quality wellness F4 Establish and maintain effectiv principles and budget public assets standards ' internal controls L1 Ensure our L2 Enhance L3 Attract, L4 Recognize L5 Empower people understand leadership develop and and retain a informed decisio the strategy and Will to ,� high making at all le I in the organizatI 5 V �'- - ITY OF SOUTHLAKE