Every year the Finance Department publishes several documents that detail the financial condition and fee structure for the City of Southlake. These include the Annual Comprehensive Financial Report, Popular Annual Financial Report, and Fee Schedule. Links to access these documents as well as further details are provided below.
For more information on the budget process and to view the budget document, please visit the City Budget and Finances page.
Annual Comprehensive Financial Report
The Annual Comprehensive Financial Report is a thorough and detailed presentation of the City’s financial condition. It reports on the City’s financial activities, fund balances and is presented in three sections:
One of the most significant purposes of the annual financial report is to provide valuable insight into how the City manages its finances, investments and debt obligations.
The Popular Annual Financial Report is an annual publication summarizing the outstanding work the City of Southlake has completed in a given year while bringing an increased awareness of the City’s financial condition through a more user-friendly presentation.
The Popular Annual Financial Report report is intended to simplify and summarize the financial information contained in the City’s Comprehensive Annual Financial Report, is unaudited and not presented in a Generally Accepted Accounting Principle (GAAP) format.