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Item 4C Audiov SOUTHLAKE Contract Provisions • Tarrant County has collected property taxes since 1982 • Tarrant County collection fee $.90 per parcel; — First rate increase in 5 years — Estimated cost $11,500 E Contract Provisions • Collections >$100 to be disbursed daily; • City has right to perform an audit; Compliance with the Public Funds Investment Act. 3 M The City of Southlake provides municipal services that support the highest quality of • life for our residents and businesses. We do this by delivering unrivaled quality in everything that we do. outstanding value and - • C1 Achieve highest 2 Provide travel C3 Provide attractive 4 Attract and keep convenience and unique spaces der businesses to top. C5 Promoted drive opportunities for - ndards safety and wkhin City and for enjoyment of a dynamic and region personal interests sustainable economic partnerships and volunteer involvement S@CUrity - environment 7 Achieve t- Inclass 52 Collaborate with 83 Enhance resident S4 Provide select partners to quality of life and high quality 55 Improve performance 86 Optimize sin all City ciplines Implement service business customer P solutions sustainability through service of delivery and use of operational technology p rocesses tourism Adhere to financial management F21nvest F3 Achieve fiscal wellness F4 Establish and maintain effective '.clples and budget standards internal controls • L7 Ensure our MFMMM L4 Recognize L5 Empower . people understand leadership IPp and and a_ informed decision ' Wtles to ward ults, h —making mail levels lion W ill M U CITY Oli SOUTHLAKE 5