Adopted FY 2022 Budget

What's ahead for 2022? More tax relief, cash-funded capital projects, and more investments into our multi-year plans to make Southlake the best it can be.

  • Allocations that ensure the highest levels of safety and security for all those who live, work or visit the City of Southlake.
  • Investments into our City’s future through capital projects like a new vision for the Southlake Sports Complex and important updates to our drainage, water and wastewater systems to keep them at top standards.

Visit the Your Taxes for Your Southlake webpage to read more about property tax calculation and Southlake's tax relief initiatives. Stay on this page to learn more about what's included in the FY 2022 Adopted Budget. 

Click below to view the FY 2022 Adopted Budget.

FY 2022 Adopted Budget

Budget Document

There are several ways to read through the document. Click on the front page image to read it in its entirety, or click on the individual chapters listed below.

The transmittal letter offers readers an overview of the proposed budget. In addition to the letter, the links offer fund-by-fund spending summaries, an in-depth look at the Capital Improvement Program, an overview of how each department works towards its goals, and a guide to the City's strategic direction.

Questions about the document or anything in it? Contact us!

Table of Contents
IntroductionFacility Maintenance Fund
Transmittal LetterTechnology Infrastructure and Security Fund
Budget OverviewEconomic Development Investment Fund
City ProfileUtility Fund Expenditures
Strategic DirectionVehicle Replacement Fund
City Department OverviewDebt Services
Fund SummariesSpecial Revenue Funds
General Fund ExpendituresCapital Improvements Program
Strategic Initiative FundAppendix

What Does the Adopted FY 2022 Budget Include?

  • A property tax rate reduction to the lowest tax rate since the mid-1980s and the maximum homestead exemption allowed by law. 
  • Funding that delivers high quality service for ongoing programs that advance the City's strategic goals and meet customer expectations.
  • Enhanced mobility through expanded and improved roadways and sidewalks to better connect Southlake.

Important Dates

  • August 16, 2022: City Council budget work session discussion on Strategic Investments
  • September 6, 2022: Proposed FY 2023 budget first reading and public hearing 
  • September 21, 2022: Proposed FY 2023 budget second reading and public hearing 
  • September 30, 2022: End of FY 2022  
  • October 1, 2022 Beginning of FY 2023
A list of accomplishments for the FY 2022 budget

Contact Us

If you have questions about the City's Annual Budget or Capital Improvement Program, we want to hear from you. I Have a Question is your way to talk with City leaders and City staff, or you can call us at (817) 748-8400 Monday - Friday, 8 am-5 pm.