Proposed 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.

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 how the proposed budget will see Southlake into 2022 and beyond.

Click below to view the FY 2022 Proposed Budget in its entirety.

FY 2022 Budget Book Cover

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 Proposed 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.
FY 2022 Budget Accomplishments
  • 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.
Budget in Brief

Important Dates

  • August 17, 2021: City Council budget work session discussion on Strategic Investments
  • September 7, 2021: Proposed FY 2022 budget first reading and public hearing 
  • September 21, 2021: Proposed FY 2022 budget second reading and public hearing 
  • October 1, 2021: Beginning of FY 2022