Welcome to the City of Southlake’s Financial Transparency page. The purpose of this page is to provide citizens with information that shows how the City’s tax dollars, and other revenues are budgeted and spent in a user-friendly way.
To be more transparent, and promote enhanced accountability to our citizens, the City of Southlake has chosen to take part in the Texas Comptroller of Public Accounts Transparency Star Program .This program recognizes local governments for going above and beyond in their financial transparency efforts by:
- Opening the financial books which include traditional finances, contracts and procurement, economic development, public pensions, and debt obligations
- Providing clear and meaningful financial information by posting financial documents through summaries, visualizations, downloadable data, and other relevant information.
The following financial data is from the City of Southlake’s Annual Comprehensive Financial Report (ACFR) for the most recently completed fiscal year. The annual financial report provides valuable insight into how the City manages its finances, investments and debt obligations
The chart below shows the City of Southlake’s governmental activities including revenues, and expenditures per capita from the Fiscal Year 2016 through the Fiscal Year 2021. Note: each year, revenues exceed expenditures.
| Fiscal Year 2020-2021 || Per Capita|
|Total Revenues ||$93,587,142 ||$2,999.68|
|Total Property Tax Revenues||$41,660,369 ||$1,335.31|
|Total Sales Tax Revenues||$38,461,312 ||$1,232.77|
|The number of full-time equivalent employees for the most recently completed, audited fiscal year was 370.|