A former world leader once said, “It’s clearly a budget. It has a lot of numbers in it.” And while that’s a true statement about any budget, it should be noted that in the City of Southlake, every number has purpose and meaning behind it.
Meaning Behind the Numbers
Budget 101 attempts to help explain the meaning behind the numbers that are presented in the City's budget documents. It gives perspective to the City’s budgeting process, basis of budgeting and accounting, how the budget is amended and the fund accounting system.
All of these components, combined with the City’s Strategic Management System (SMS) make up the primary foundation for every City of Southlake budget document. The Budget 101 chapter was added several years ago in an effort to make the annual budget document easier to understand.