FY19 Quarterly + Annual Report

ANNUAL DEVELOPMENT REPORT

2019

CONTENTS

CO U N C I L & STA F F C I TY O F SO U T HLA K E COUNCIL MEM BERS

Laura Hill M AY O R Shawn McCaskill M AY O R P R O T E M / C O U N C I L M E M B E R P L A C E 2 John Huffman D E P U T Y M AY O R P R O T E M / C O U N C I L M E M B E R P L A C E 5 Shahid Shafi C O U N C I L M E M B E R P L A C E 1 Chad Patton C O U N C I L M E M B E R P L A C E 3 Ronell Smith C O U N C I L M E M B E R P L A C E 4 Christopher Archer C O U N C I L M E M B E R P L A C E 6

5 SOUTHLAKE SNAPSHOT

6 ECONOMIC OVERVIEW

12 U N D E R S T A N D I N G D E V E L O P M E N T

24 N E W R E S I D E N T I A L D E V E L O P M E N T

26 N E W C O M M E R C I A L D E V E L O P M E N T

28 V A L U A T I O N

This section provides a brief informational overview of the City of Southlake.

This section provides a few highlights of the City of Southlake economy.

This section explains the development process in the City of Southlake as well as introduces the Planning and Development Services Department and associated Boards/Commissions.

This section focuses on residential development activity within the City of Southlake during fiscal year 2019.

This section focuses on commercial development activity within the City of Southlake during fiscal year 2019.

This section provides updated numbers related to City of Southlake valuation and taxable value.

32 R E V E N U E

This section highlights revenue trends in selected areas over the last five fiscal years.

C I TY O F SO U T HLA K E STA F F

Shana K. Yelverton C I T Y M A N A G E R Benjamin E. Thatcher A S S I S TA N T C I T Y M A N A G E R Alison D. Ortowski A S S I S TA N T C I T Y M A N A G E R / D I R E C T O R O F

ECONOMIC DEVELOPMENT & TOURISM

Sharen Jackson C H I E F F I N A N C I A L O F F I C E R

Kenneth M. Baker S R . D I R E C T O R O F P L A N N I N G & D E V E L O P M E N T SERVICES

2

36 A P P E N D I X

43 C O N T A C T U S

3

NOTE FROM THE SENIOR DIRECTOR OF PLANNING AND DEVELOPMENT SERVICES

Ken Baker, AICP

The Planning and Development Services Department is pleased to submit the Annual Development Activity Report for fiscal year 2019, which ended September 30, 2019. The department had numerous accomplishments throughout the year. City staff works hard to continually update the City’s Comprehensive Plan, Southlake 2035, process development applications, review building permits and issue permits, complete building inspections and respond to code enforcement requests. However, our work wouldn’t be possible without the support and leadership from our Mayor and City Council members, Planning and Zoning Commissioners, and various other city boards (ZBA, BBA, 2035 Corridor Planning Committee). In addition, our citizens play a vital role in working alongside our department to ensure we provide the highest quality of life for our residents, businesses and visitors.

The Annual Development Report provides a small glimpse into the daily activities of the department, highlighting projects of interest and giving statistics that help tell Southlake’s development story. I am happy to present this report to you as a supplement to the City’s adopted budget, to showcase some of the development trends we have seen over time.

CITY OF SOUTHLAKE CITY COUNCIL

SOUTHLAKE SNAPSHOT

“AAA”

City Bond Ratings

Population

*30,010

City Size

22.5

square miles Building Permits Issued % Developed

89

3,133 New Residential Valuation

New Commercial Valuation

$240M

$186M

Southlake City Council from left to right: Chad Patton, Ronell Smith, John Huffman, Laura Hill, Shawn McCaskill, Christopher Archer, Shahid Shafi 4

*Population from the North Central Texas Council of Governments estimated January 1, 2019 5

ECONOMIC OVERVIEW

1 YEAR

TOP EMPLOYERS # OF EMPLOYEES

51%

5 YEAR

TOP NON-RESIDENTIAL 3,000

TAXPAYERS

TD AMERITRADE

2,100

TOWN SQUARE VENTURES, LP

CARROLL ISD

1,140

SABRE HOLDINGS

KELLER WILLIAMS

700

GATEWAY CHURCH

613

VERIZON WIRELESS

585

CITY OF SOUTHLAKE

539

CENTRAL MARKET

395

HILTON SOUTHLAKE

230

METHODIST SOUTHLAKE HOSPITAL 6

2 YEAR

200

VERIZON WIRELESS SOUTHLAKE TOWN SQUARE GRAND AVENUE, LP CARROLL/1709, LTD

$1.52 BILLION IN FY 2019

TOP INDUSTRIES # OF BUSINESSES RETAIL

229

PROFESSIONAL, SCIENTIFIC, & TECHNICAL SERVICES

229

HEALTH SERVICES

196

FINANCE & INSURANCE

138

ACCOMMODATION & FOOD SERVICES

111

REAL ESTATE

92

92% OF BUSINESS OWNERS SAY

ADMIN/SUPPORT

80

IS A GOOD OR

OTHER SERVICES

73

WHOLSALE TRADE

59

EDUCATIONAL SERVICES

29

WYNDHAM PROPERTIES, LTD

92

CONSUMER SALES APPROX.

NATIONAL AVG.

IN SOUTHLAKE

CITY OF SOUTHLAKE

NEW BUSINESSES

69%

78%

NATIONAL AVG.

86

87%

80%

CITY OF SOUTHLAKE

IN SOUTHLAKE

92%

NATIONAL AVG.

BUSINESSES

BASED ON CALENDAR YEAR

CITY OF SOUTHLAKE

2,525

BUSINESS SURVIVAL RATES

SOUTHLAKE EXCELLENT PLACE TO DO

BUSINESS.

7

ECONOMIC OVERVIEW RETAIL OCCUPANCY

LABOR FORCE

30,010

AGES 20-64

TOTAL POPULATION

66,842

within 5 miles

45,485

266,944

4,400,331

93.9%

RETAIL SPACE

RATE

TOTAL SQ FT

OCCUPANCY

ESTIMATED DAYTIME

within 10 miles

1,435,099

within 20 miles

POPULATION

LIFESTYLE CENTER

28,544

POWER CENTER

93% 93%

TOTAL EMPLOYMENT

3.3%

UNEMPLOYMENT RATE

93%

COMMUNITY CENTER

94%

NEIGHBORHOOD CENTER

OFFICE OCCUPANCY

HOUSING MARKET

TOTAL VALUATION ADDED

BASED ON FISCAL YEAR

$864,640 SOUTHLAKE AVERAGE HOME SALES PRICE

$764,297 MEDIAN HOME VALUE

3.2% INCREASE IN AVERAGE HOME VALUE OVER PRIOR YEAR 8

IN SOUTHLAKE

547

# HOME SALES IN 2019

57.5 DAYS

AVERAGE TIME ON THE MARKET

85

PERMITS ISSUED IN 2019

235 CERTIFICATES OF OCCUPANCY

$240,186,874

4,342,426 TOTAL SQ FT

OCCUPANCY

OFFICE SPACE

RATE

NEW RESIDENTIAL

CLASS A

$186,197,131

CLASS B

NEW COMMERCIAL

82.1%

69%

MEDICAL OFFICE INDUSTRIAL FLEX

85% 81% 93.9%

ISSUED IN 2019 9

DEVELOPMENT PROCESS PA

CPC

AS

SOUTHLAKE 2035 COMPREHENSIVE PLAN The Southlake Comprehensive Plan is a culmination of various plan elements that provide a vision for future development of Southlake for the next 20 years. City officials utilize these documents to guide decisions about the physical development of the city. Currently, the city is focusing on developing the Southlake 2035 Comprehensive Plan, which includes numerous master plan documents. The recommendations adopted within each master plan element help steer policy, budget, and work plan decisions.

There are hundreds of recommendations throughout all of the adopted master plan documents, and city staff works diligently to ensure these items are completed per their established implementation policy. To learn more about about the Southlake 2035 Comprehensive Plan, visit our comprehensive planning webpage at http://bit.ly/2SGmskI

Pre-Application

Before an application is submitted, potential applicants will often meet with staff to review their proposals in accordance with the city’s adopted development ordinances, such as the Zoning Ordinance, Subdivision Ordinance, and more.

2035 Corridor Planning Committee

The Corridor Planning Committee meets with developers on potential project applications to give initial feedback and provide land use recommendations that are consistent with the framework of the Southlake 2035 Comprehensive Plan.

Application Submittal

Once ready, the applicant will submit a proposal to the Planning & Development Services Department (PDS) for review. During FY 2019, PDS Department processed 163 development applications.

Development Review Committee

DRC

DRC consists of multiple city departments (Fire, Public Works & Engineering, Planning & Development) whose goal is to comprehensively analyze development proposals against all applicable code requirements before a project moves forward in the development process. DRC met 20 times in FY 2019.

Southlake Program for the Involvement of Neighborhoods

SPIN

SPIN Town Hall Forums represent an unique opportunity for applicants and Southlake residents to meet for a Q&A about projects of interest. While this is not a required step in the development process, city staff strongly encourages applicants to take advantage of this forum.

Legislative Action

LA

10

The final steps in the entitlement process includes meeting with the Planning & Zoning Commission (P&Z) and City Council. The P&Z Commission provides a recommendation on an application to City Council. City Council is the final legislative authority on all development proposals. Depending on the project type, an item may require one or two meetings at City Council.

In fiscal year 2019, Southlake City Council adopted the city’s first Health & Wellness Master Plan. This document establishes clear goals and priorities for the next several years related to encouraging overall community wellness. More specifically, this plan identifies opportunities for the City to further position itself as an advocate for the well-being of all residents, visitors, and corporate citizens. To learn more about the Health & Wellness Master Plan, visit our comprehensive planning webpage at http://bit.ly/2SGmskI

Upcoming 2035 Comprehensive Plan Elements Parks, Recreation & Open Space

Community Facilities

Water, Waste Water, and Stormwater

Mobility

11

PLANNING AND DEVELOPMENT SERVICES OVERVIEW The Planning and Develompent Services Department is made up of three divisions overseen by the Senior Director of Planning and Development Services. These divisions include planning, building inspections and code enforcement.

Senior Director of Planning & Development Services

Building Operations Manager

Deputy Chief Building Official

Plans Examiner (3)

Chief Building Official

Deputy Director Assistant to the Director

Administrative Secretary

Landscape Administrator

Principal Planner (2)

1400 Main Street, Suite 310 Southlake, Texas 76092 P: (817) 748-8621 F: (817) 748-8077 http://bit.ly/359UsIH

Planner (2)

Permit Tech (2)

Landscape & Zoning Inspector

Planning & Development Services Contact Information

Code Enforcement Officer (2)

Building Inspector (2)

Mission Statement

“Providing the community with exceptional guidance and quality service that creates a lasting impression”

Vision Statement

“Together we are Southlake, imagining possibilities to inspire the future”

12

13

PLANNING AND DEVELOPMENT SERVICES OVERVIEW ADMIN

DR

Administrative Support

The administrative support side of Planning and Development Services assists in coordinating the department’s front counter operations (i.e. phone inquiries and visitors), managing the Planning and Zoning Commission meeting agendas and notices, and managing the 2035 Corridor Planning Committee meeting agendas and reports.

Development Review

The Planning and Development Services Department conducts development reviews to ensure all development proposals are in compliance with Southlake’s Zoning Ordinance, Subdivision Ordinance, and other development related ordinances before beginning the development process. In addition, city staff may facilitate meetings between potential applicants and representatives from other city departments to review potential development proposals.

Development Services

DS

The Planning and Development Services Department provides development services to citizens and customers alike. City staff assists with citizen and customer inquiries regarding development cases, zoning regulations, and application procedures and also provides administrative support to the Planning and Zoning Commission and City Council.

Comprehensive Planning

CP

BI

The Planning and Development Services Department engages in comprehensive planning by creating and implementing the Southlake 2030 and Southlake 2035 comprehensive plans, which are utilized to guide the future growth and development of Southlake. As part of the comprehensive planning process, city staff collaborates with other city departments to formulate Master Plan documents, such as the Land Use Plan, Public Arts Master Plan, Parks and Recreations Master Plan, Mobility Master Plan, and more.

Building Inspections

The City of Southlake’s Building Inspections division is housed in the Planning and Development Services Department. This division oversees the building phase of development, reviews building plans, processes and issues building permits, and performs building and structural inspections to ensure building code compliance is met.

Code Enforcement

CE

14

The City of Southlake’s Code Enforcement division is housed in the Planning and Development Services Department. This division investigates, tracks, and coordinates zoning and code cases in the city, works with property owners to achieve compliance with city ordinances, and responds to and addresses all code enforcement issues and complaints (i.e. high grass, illegal signs, illegal dumping, drainage, etc.)

15

BOARDS AND COMMISSIONS Planning and Zoning Commission

2035 Corridor Planning Committee

The Planning and Zoning Commission is comprised of seven Southlake citizens who serve as an advisory board to City Council in regards to land use and zoning. The commission makes recommendations to City Council on matters concerning zoning and site plans, updates or amendments to the city’s Master Plan documents, public improvements, civic improvements, street changes, routing of public utilities, and strategic planning. The Planning and Zoning Commission meets on the first and third Thursday of each month at 6:30 p.m. in Southlake Town Hall.

The 2035 Corridor Planning Committee is comprised of ten Southlake citizens who meet on an ad hoc basis to give initial feedback to applicants on potential development cases before the project is formally submitted. This committee aligns all recommendations and comments with the Southlake 2035 Comprehensive Plan.

Planning and Zoning Commission Members Daniel Kubiak, Chairman - Appointed 2013 Chris Greer, Vice Chairman - Appointed 2015 Michael Springer - Appointed 2003

2019 STATS

2035 Corridor Planning Committee Members

19

John Huffman, City Councilman

Gina Phalen - Appointed 2018 Craig Rothmeier - Appointed 2016

MEETINGS HELD

Scott Dyche - Appointed 2019 Amy Torres-Lepp - Appointed 2019

Shawn McCaskill, City Councilman

Chad Patton, City Councilman

2019 STATS

6

Daniel Kubiak, Planning & Zoning Chairman Chris Greer, Planning & Zoning Vice Chairman Michael Springer, Planning & Zoning Member

MEETINGS HELD

Scott Dyche, Planning & Zoning Member

88

Austin Reynolds, Zoning Board of Adjustment Member Frances Scharli, Parks Board Member

36

Brandon Bledsoe, Former Member

AGENDA ITEMS 16

Michael Forman, Former Member

AGENDA ITEMS 17

BOARDS AND COMMISSIONS Zoning Board of Adjustment

Building Board of Appeals

The Zoning Board of Adjustment is comprised of five Southlake citizens and four alternate members who serve as an appeal body for individuals seeking variances or special exemptions to the zoning ordinance or to a decision made by an administrative offical enforcing the ordinance. The Zoning Board of Adjustment meets on the second and fourth Thursday of each month at 6:30 p.m. in Southlake Town Hall.

The Building Board of Appeals is comprised of five Southlake citizens and two alternate members who serve on an advisory board to City Council in regards to making building code recommendations. This board meets on an ad hoc basis and hears appeals from citizens to reverse decisions made by the city’s Building Official regarding interpretation of building codes, contractor license revocations and building condemnations. In addition, the Building Board of Appeals makes official decisions regarding the appeals they hear.

Zoning Board of Adjustment Members

2019 STATS

Jeff Medici, Chairman - Place 5 David Treichler, Vice Chairman - Place 2 Michael Quinones - Place 1

12

Cynthia Bishop - Place 3

2

Eric Wang - Place 4

MEETINGS HELD

William Kanewske - Place 5 Vandana Tanneru - Alternate No. 1

Robert Kemins - Alternate No. 2

Somesh Nayana - Alternate No. 2

Heather King - Alternate No. 4

12 AGENDA ITEMS

18

Clinton Snead - Place 1

Akash Shah - Alternate No. 1

Austin Reynolds - Alternate No. 3

2019 STATS

David Carpenter, Chairman - Place 2

Vacant - Place 3 Brett Nickel - Place 4

Building Board of Appeals Members

MEETINGS HELD

2 AGENDA ITEMS 19

AWARDS & RECOGNITION Recent Awards

Recognition & Proclamations

• 2017, 2018 & 2019 American Planning Association Texas Chapter Planning Excellence Award • 2017, 2018 & 2019 Tree City USA Community • 2017 Platinum Scenic City Certification

• 2019 Building Safety Month • 2019 National Community Planning Month

LAND USE IN SOUTHLAKE The pie chart below illustrates the distribution of land uses by category in Southlake.

The data displayed in the chart and table were obtained in December 2019.

5%

2% 1% 1%

4%

• 2019 Arbor Day in November

2%

6% 4% 3%

Corps of Engineers Property 100-Year Flood Plain Industrial

9%

Low Density Residential Medium Density Residential Mixed Use Office Commercial Public Parks/Open Space 34%

Public/Semi-Public Regional Retail Retail Commercial Town Center

29%

20

Land Use Category

Developed (Acres)

Undeveloped (Acres)

Low Density Residential

3,739.51

384.64

Medium Density Residential

3,332.04

234.82

Public/Semi-Public

637.40

12.88

Mixed Use

649.98

400.09

Industrial

322.55

67.98

Town Center

153.68

19.75

Office Commercial

233.35

64.14

Retail Commercial

216.85

11.56

Regional Commercial

114.97

1.14 21

MAJOR DEVELOPMENT PROJECTS CONSTRUCTION HIGHLIGHTS 1. Nolen Professional Offices Phase II S. Nolen Dr.

Nolen Professional Offices Phase II will include four general/ medical office buildings on appriximately 27,000 square feet.

Construction is expected to begin early 2020.

5. Varispace NE Intersection of W. State Highway 114 and W. Kirkwood Blvd.

Varispace purchased the 380,000 square foot office building at this location and is currently remodeling the interior. The building will be utilized for multi-tenant office occupancy.

2. Kimball Heights 495 S. Kimball Ave.

Kimball Heights will include six general/medical office buildings on 35,000 square feet.

9. Parkview Residences Central Ave. within Town Square

3. Stony Brook W. Southlake Blvd. and Brock Dr.

Parkview Residences will include 36 luxury condominiums with amenities such as a club room, rooftop deck, owner’s lounge, fitness facility, conference room and courtyard.

Stony Brook will include 47 residential lots and open-space features on approximately 35 acres.

6. Carroll Senior High School Music Center W. Southlake Blvd. and S. Peytonville Ave.

Carroll Senior High School Music Center will include an approximately 60,000 square foot music building addition and other site improvements such as a driveway reconfiguration and additional parking spaces and canopies.

The Westin Hotel will be approximately 216,000 square feet at six stories tall and include 261 rooms, a parking garage and assorted amenities.

22

Southlake Commons will include seven medical/general office buildings on approximately 65,000 square feet.

This development will also include a public art feature to commemorate its histroy as the Donkey Property.

7. Delta Hotel E. State Highway 114 and N. White Chapel Blvd.

11. Pinnacle Point Phase II 455 S. Kimball Ave.

8. Highland Corner Office Park E. Highland St. and N. Kimball Ave.

12. Crescent Heights W. Southlake Blvd. and Shady Oaks Dr.

The Delta Hotel will be approximately 165,475 square feet at six stories tall and include 240 rooms and assorted amenities.

4. Westin Hotel E. State Highway 114 and Grace Ln.

10. Southlake Commons SW Intersection of W. Southlake Blvd. and S. White Chapel Rd.

Highland Corner Office Park will include seven general/medical offices on approximately 45,000 square feet.

Pinnacle Point Phase II will include three general office buildings totaling approximately 118,000 square feet.

Crescent Heights will include 57 residential lots and open-space features on approximately 58 acres.

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NEW RESIDENTIAL CONSTRUCTION ACTIVITY

85

$84.9M

New Residential Building Permits Issued in FY 2019

New Residential Construction Permit Value in FY 2019

New Residential Square Footage Permitted

564,900

1,522,004

2015

1,286,879

2016

New Residential Square Footage Permitted

981,476

2017

823,779

2018

New Residential Construction Permit Value

564,900

2019

$196,895,155

New Residential Permit Fees Collected $155,805,084

$1,250,000

$1,014,558

$129,587,892

$1,000,000

$113,266,105

$859,908

$750,000

$632,342

$84,901,336

$544,888 $500,000

$328,725

$250,000

2015

24

2016

2017

2018

2019

$0 2015

2016

2017

2018

2019

25

NEW COMMERCIAL CONSTRUCTION ACTIVITY

25

$134M

New Commercial Building Permits Issued in FY 2019

New Commercial Construction Permit Value in FY 2019

New Commercial Square Footage Permitted

766,803

1,313,861

2015

New Commercial Square Footage Permitted

New Commercial Construction Permit Value

1,763,654

2016 2017

376,682

2018

358,899 766,803

2019

$178,247,281

New Commercial Permit Fees Collected $134,686,569

$2,000,000

$1,657,681 $1,500,000

$81,215,734

$1,325,405 $1,032,334 $903,748

$1,000,000

$766,641

$32,503,544

2015

26

2016

2017

$37,518,536

2018

$500,000

2019

$0 2015

2016

2017

2018

2019

27

VA LUAT I O N Valuation Added

Total Residential & Non-Residential Valuation for FY 2019

$291,969,208

$240,750,391

$240,186,874 Total Non-Residential Valuation 31.4%

$2,370,873,913 $186,197,131

$128,244,794

$130,852,569

$123,457,784 $94,015,702

$5,170,089,686

$77,660,083

Total Residential Valuation 68.6%

$50,456,817

2015

2016

2017

Residential Valuation

2018

2019

Commercial Valuation

This chart illustrates the trends in residential and commercial valuation added since FY 2015.

Valuation added is the value of improvements added during an appraisal year - which includes new and existing homes and buildings.

Between FY 2018 and FY 2019, the City of Southlake saw a percent decrease in residential value of 0.2% and approximately 66% increase in commercial valuation added.

28

The information in the chart above represents the total residential and non-residential valuation in FY 2019. In this instance, valuation is defined as the total value of property. Residential valuation encompasses all residential units built in the city, while non-residential valuation includes offices, hospitals, and other commercial entities.

The information in the table below displays the changes in total residential and nonresidential valuation from FY 2015 to FY 2018.

Total Residential & Non-Residential Valuation for Previous Fiscal Years Fiscal Year

Residential

Non-Residential

2015

$4,450,827,827

$1,707,352,534

2016

$4,431,048,616

$1,821,263,742

2017

$4,802,182,185

$1,975,216,626

2018

$4,597,121,401

$2,065,373,383 29

VA LUAT I O N Total Assessed Value & Taxable Value Comparison The chart displayed provides a comparison of property values since FY 2015.

$7,540,963,599

$9,379,263,965

$6,662,494,784

$8,743,046,226

Taxable Value

$6,368,901,046

$8,269,475,160

$5,785,322,918

$7,322,599,520

$5,958,098,087

$6,760,119,917

Assessed Value

The taxable value shown is net of the incremental taxable value assigned to the Tax Increment Reinvestment Zone (TIRZ) #1. For FY 2019, TIRZ #1 taxable value was $472,160,522.

The difference between assessed value and taxable value is primarily due to exemptions, such as homestead, disabled, over-65 exemption and over-65 tax freeze.

$9.38B

2015

2016

2017

2018

2019

Total Assessed Value in FY 2019

$7.54B

Total Taxable Value in FY 2019

30

31

REVENUE Total Sales Tax Collected in FY 2019

General Fund for FY 2019 CCPD 6.2%

$1,898,389

$3,152,543

$7,741,005 General Fund 49.7%

Franchise Tax 7.1%

SPDC 25.3%

Sales Tax 34.3%

$15,195,306

$15,195,306 $25,994,264

Property Tax 58.6%

$5,734,078 CEDC 18.8%

Sales tax is made up of 4 sources: The Crime Control and Prevention District (CCPD), Southlake Parks and Development Corporation (SPDC), Community Enhancement Development Corporation (CEDC), and the General Fund. The CCPD 1/8% tax ensures that funds are spent on programs and capital purchases that will reduce crime, increase public safety and maintain a high quality of life in Southlake. SPDC administers an additional 1/2% sales tax and applies it towards construction and operation of parks. The 3/8% CEDC-Type A sales tax is spent on the construction and operation of The Marq Southlake facility, as well as pursuing the recommendations of the Economic Development Master Plan in accordance with state law. The General Fund is represented by 1% of every dollar spent within City limits.

The largest General Fund revenue source for the city of Southlake is Ad Valorem, or Proprty Tax. The second largest General Fund revenue source is the Municipal Sales Tax. Another major revenue source for the city is Franchise Fees, which represent revenue from private utility companies operating in Southlake.

One percent of every dollar spent within the city goes towards the General Fund, which accounts for core city functions such as police, fire, engineering, planning, finance, and administrative operations.

Total Sales Tax Collected for Previous Fiscal Years

32

General Fund for Previous Fiscal Years

Fiscal Year

CCPD

SPDC

CEDC

General Fund

Fiscal Year

Property Tax

Sales Tax

Franchise Tax

2015

$7,335,506

$7,440,726

-

$15,106,928

2015

$19,333,943

$15,106,928

$3,327,739

2016

$1,803,605

$7,318,490

$5,421,104

$14,365,925

2016

$ 21,151,970

$14,365,925

$2,955,114

2017

$1,879,292

$7,578,446

$5,613,664

$14,876,208

2017

$22,911,874

$14,876,208

$2,907,538

2018

$1,923,567

$7,705,009

$5,707,414

$15,124,646

2018

$24,258,306

$15,124,646

$2,972,143 33

REVENUE

$1.36M

$34,747

$1.74M

Hotel Occupancy Tax Collected in FY 2019

Sign Permit Fees Collected in FY 2019

Total Fees from Building Permits in FY 2019

$1,357,106 $1,164,922 $974,467

2015

$33,537

$36,322

$33,576

$32,928

$2,393,490

$2,519,861 $2,295,292

$1,024,061

2016

$1,794,898

2017

2018

Previous Fiscal Years

The Hotel Occupancy Tax (HOT) is authorized under the Texas Tax Code, Chapter 351. The city of Southlake levies a 7% tax on room receipts per Ordinance No. 769 (adopted February 2000). Tax on rooms from the Hitlon in Town Square and the Cambria Southlake provide revenue in this category.

2015

2016

2017

2018

2015

2016

2017

2018

Previous Fiscal Years

Previous Fiscal Years

The regulation of signage within the city is handled internally. Each permit has a specific permit fee associated with it. The chart above highlights the revenue generated from processing sign permits.

The Planning and Development Services Department processes many different types of permits. The chart above includes fees collected from new construction permits, sign permits, accessory buildings, pools, commercial re-models, re-occupancy, mechanical/ electrical/plumbing (MEP) permits, re-roof, and more.

Use of these funds is restricted and planned expenses must be authorized uses under the Texas Tax Code, Chapter 351.

34

35

APPENDIX New Residential Permits (2015-2019)

Q1 Q2 Q3 Q4 Total

2015 Permits Value 59 $41,116,185 66 $40,508,301 79 $74,308,697 68 $40,961,972 272 $196,895,155

2016 Permits Value 59 $44,167,317 58 $46,554,233 43 $27,249,168 63 $37,834366 223 $155,805,084

2017 Permits Value 36 $27,339,385 25 $19,975,997 59 $49,472,551 41 $33,466,859 161 $130,254,792

2018 Permits Value 33 $26,094,228 30 $24,069,011 31 $34,076,243, 33 $29,026,623 127 $113,266,105

2019 Permits Value 23 $20,555,845 28 $28,794,155 19 $17,096,289 15 $18,455,047 85 $84,901,336

New Commercial Permits (2015-2019)

Q1 Q2 Q3 Q4 Total

2015 Permits Value 7 $32,857,709 4 $3,648,000 12 $8,121,785 4 $36,588,240 27 $81,215,734

2016 Permits Value 7 $16,120,000 3 $27,410,382 8 $19,338,899 12 $115,378,000 30 $178,247,281

2017 Permits Value 6 $9,097,158 8 $19,934,036 5 $1,842,350 2 $1,630,000 21 $32,503,544

2018 Permits Value 10 $4,385,642 5 $23,525,181 1 $3,000,000 7 $6,607,713 23 $37,518,536

2019 Permits Value 6 $3,254,608 3 $1,965,456 3 $38,725,655 13 $90,740,850 25 $134,686,569

Sign Permits (2015-2019)

Q1 Q2 Q3 Q4 Total Permits Total Fees Collected

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2015 Permits 85 89 73 105 352 $33,537

2016 Permits 109 87 77 69 342 $36,322

2017 Permits 69 95 63 79 306 $33,576

2018 Permits 99 66 88 88 341 $32,928

2019 Permits 61 64 89 74 288 $34,747

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SOUTHLAKE SUBDIVISIONS The map below identifies the major subdivisions within the City of Southlake. For the purpose of this map, only residential subdivisions are reflected, not commercial subdivisions. Major residential subdivisions within this map refer to any parcel of land that has been reconfigured or subdivided into multiple, smaller, and generally symmetrical parcels of land specifically for the purpose of constructing single-family housing. There are individual tracts of land, some platted, others unplatted, that are not highlighted on this map. The subdivisions listed below were planned and subdivided as a unit. There are currently 158 subdivisions that fit the definition of major residential subdivision within Southlake. The corresponding table on the following three pages highlights the subdivisions identified on the map below, and provides additional information regarding the total lots within each residential subdivision,Residential as wellSubdivisions as lot size data.

12/26/2019 2019.jpg

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Ref #

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47

Subdivision Name

ADAMS ADDITION AUTUMN CREEK BRENTWOOD ADDITION BRIARWOOD ESTATES BRITTANY PLACE CAMBRIDGE PLACE & CAMBRIDGE PLACE EAST CAMDEN PARK CARILLON CARMEL BAY CARROLL MEADOWS CEDAR CREEK PLANTATIONS CEDAR OAKS ESTATES CHAPEL DOWNS CHELSEA PARK CHESAPEAKE PLACE CHIMNEY HILL CIMARRON ACRES CLARIDEN RANCH CONTINENTAL PARK ESTATES COUNTRY WALK COVENTRY MANOR CRESCENT HEIGHTS CROSS TIMBER HILLS DIAMOND CIRCLE ESTATES DOVE ACRES DOVE ESTATES EAST HAVEN ADDITION EDWARDS PARK EMERALD ESTATES ESTANCIA ESTES PARK EVERGREEN ESTATES FOX HOLLOW FOXBOROUGH GARDEN ADDITION GINGER CREEK ESTATES HARBOR OAKS HEATHERWOOD ESTATES HIGH POINT HIGHLAND ESTATES HIGHLAND OAKS HILLSIDE ESTATES HILLTOP ADDITION HILLWOOD ESTATES HUDSON BAY ESTATES HUGHES ADDITION HUNTERS RIDGE

Total Lots 7 7 9 22 10 154 14 404 9 10 15 39 106 16 83 81 22 112 69 55 100 58 197 66 31 109 21 2 49 13 178 13 18 64 15 14 49 16 22 17 27 15 15 15 6 2 19

Lot Size (Sq Ft.) Smallest Average Largest 42,929 49,033 79,871 41,312 47,840 64,147 28,434 34,125 41,488 21,786 42,114 58,613 42,753 48,263 54,289 17,667 22,335 36,260 16,044 18,577 24,320 5,172 12,138 34,350 42,969 46,535 48,639 43,301 47,577 68,777 42,586 51,684 68,968 42,589 73,925 258,315 18,919 22,395 42,086 12,894 15,782 20,759 14,346 18,677 29,003 19,219 23,532 37,585 42,404 52,239 77,070 39,310 45,607 89,677 15,783 47,617 224,755 19,661 25,129 62,648 20,667 33,247 81,569 21,812 29,328 65,327 39,620 50,311 177,641 31,153 45,598 89,475 41,103 45,727 75,090 7,276 11,284 17,151 6,914 17,361 128,722 35,903 40,177 44,451 35,913 46,160 72,616 11,475 13,581 19,202 14,653 20,888 91,264 19,862 22,023 31,147 19,295 27,626 47,762 19,529 25,621 71,042 41,910 46,712 58,137 44,042 56,186 118,741 60,722 116,437 443,268 38,993 51,401 69,577 21,100 31,098 140,254 39,247 43,854 48,637 14,973 17,664 43,609 43,397 48,927 62,229 40,084 59,428 112,179 42,494 46,379 59,988 85,343 115,231 192,564 43,035 68,597 94,159 40,388 44,316 48,700 39

48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 40

HUNTWICK ESTATES HUSE HOMEPLACE INDIAN CREEK ESTATES JELLICO ESTATES JOHNSON PLACE ESTATES KIMBALL CIRCLE ESTATES KIMBALL HILLS KIRKWOOD HOLLOW LA MIRADA LAKE CREST ADDITION LAKEWOOD ACRES LAKEWOOD RIDGE ADDITION LAURELWOOD PARK LOCH MEADOWS ESTATES LONESOME DOVE ESTATES MATTHEWS COURT MEADOW OAKS MIRACLE POINTE MISSION HILL ESTATES MONTICELLO MONTICELLO ESTATES MOSS FARMS MYERS MEADOW NAPA VALLEY ADDITION NAPA VALLEY ESTATES OAK BEND ESTATES OAK HILL ESTATES OAK POINTE OAK TREE ESTATES OAKS ADDITION OAKWOOD ESTATES OAKWOOD POND OLD ORCHARD COUNTRY ESTATES PALOMAR ESTATES PARK PLACE ADDITION PATTERSONS POND PHEASANT RIDGE ADDITION PRINCETON PARK QUAIL CREEK ESTATES RAINFOREST ADDITION RANDOL MILL ESTATES RAVEN BEND RAVENAUX PLACE REGAL OAKS ADDITION RIDGEVIEW AT SOUTHLAKE RIDGEWOOD ROYAL OAKS ADDITION SADDLECREEK ESTATES SADDLEBACK RIDGE ESTATES

16 6 18 34 54 5 19 150 6 51 39 38 27 24 150 8 11 13 62 102 117 13 268 14 34 11 75 28 123 8 23 4 15 33 39 14 9 73 50 10 22 13 20 20 31 59 15 4 32

33,591 87,861 39,602 41,779 17,075 29,069 20,017 15,484 42,767 19,591 42,021 45,500 37,455 43,137 12,179 19,645 90,707 19,058 37,842 19,688 14,832 42,738 12,911 19,003 17,417 20,592 18,553 19,274 19,725 12,494 43,141 49,464 65,295 20,299 19,722 20,227 40,774 19,376 41,331 44,361 41,639 38,642 41,358 39,828 9,341 19,543 39,017 89,651 41,559

64,964 120,032 47,087 83,870 20,161 36,993 22,772 23,464 65,553 22,812 62,866 88,367 46,194 50,190 17,185 21,223 136,970 23,227 49,486 26,157 18,783 44,178 15,548 20,183 21,745 21,795 20,922 25,104 22,088 15,463 51,465 60,279 228,654 27,021 22,527 33,829 44,880 21,692 65,609 58,659 49,681 44,883 49,764 47,389 12,294 22,260 47,476 110,589 45,519

83,268 172,739 86,783 305,525 27,711 54,813 60,364 63,521 128,239 36,860 183,582 242,160 125,477 84,313 63,077 22,465 178,016 39,609 109,493 84,905 30,065 46,805 31,776 21,519 32,541 23,479 31,552 35,378 34,540 18,916 66,193 71,354 435,325 56,350 30,999 58,075 47,203 36,168 170,683 98,568 59,707 52,411 102,435 108,356 17,725 30,611 53,900 135,178 61,144

97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145

SANDLIN MANOR SHADOW CREEK ADDITION SHADY LANE SHADY OAKS SIENA SIMMONS ADDITION SOUTH HOLLOW SOUTH LAKE PARK SOUTH VILLAGE AT WATERMERE SOUTHLAKE ESTATES SOUTHLAKE GLEN SOUTHLAKE HILLS & SOUTHLAKE HILLS EAST SOUTHLAKE MEADOWS SOUTHLAKE WOODS SOUTHRIDGE LAKES SOUTHVIEW SPRING OAKS ADDITION ST. EMILION ADDITION STANHOPE ADDITION STONE LAKES STONEBURY STRATFORT GARDENS STRATFORT PARC SUMMERPLACE ADDITION TEALWOOD ADDITION THE BROWNSTONES THE CLIFFS AT CLARIDEN RANCH THE DOMINION THE ENCLAVE THE LAKES OF LA PALOMA THE LAKES ON DOVE THE RESERVE OF SOUTHLAKE THE TRAILHEAD ADDITION THE WOODS TIMARRON * TIMBER LAKE TIMBERLINE ESTATES TORIAN PLACE TRAIL CREEK ADDITION TRIPLE C RANCH TUSCAN RIDGE TWIN CREEKS ADDITION UNION CHURCH ESTATES VERANDAS AT SOUTHLAKE VERMILION VERSAILLES VILLAS AT HIDDEN KNOLL VILLAS DEL SOL VISTA TRAILS

21 11 15 149 43 14 56 46 33 10 39 80 96 129 384 76 1 14 13 335 32 14 23 42 15 76 55 55 13 14 7 24 27 8 1396 303 15 12 22 58 57 20 3 38 14 148 38 9 70

19,995 42,296 42,396 14,738 19,819 43,342 19,512 10,075 7,412 78,379 9,937 18,972 15,879 18,220 16,505 17,778 269,001 41,128 41,946 12,279 16,536 20,166 19,924 9,605 9,783 1,922 19,372 19,235 42,118 21,217 45,540 41,165 19,581 67,747 5,734 12,513 15,052 23,328 44,103 41,651 7,769 37,802 48,900 9,828 42,897 14,203 10,190 41,837 19,695

25,964 44,481 53,366 20,747 22,798 58,148 22,859 34,831 10,209 83,730 12,032 22,029 23,755 27,734 23,103 22,556 269,001 48,143 46,934 19,571 22,918 23,465 23,016 12,945 10,166 3,361 26,308 23,417 45,398 27,150 55,402 48,894 21,495 90,154 16,061 16,559 64,301 27,881 63,021 44,389 8,776 48,177 67,937 11,513 43,972 18,928 12,203 44,693 22,703

57,561 46,638 128,521 33,117 33,701 159,418 35,237 100,400 17,734 86,228 21,565 31,416 41,751 58,913 68,989 31,624 269,001 107,749 86,033 609,297 31,879 27,600 39,575 24,494 14,329 7,063 66,385 34,689 58,058 59,731 64,500 92,922 29,847 121,565 68,355 28,580 150,714 35,294 93,849 55,506 15,585 60,839 103,439 19,227 45,124 34,762 17,321 46,721 27,764 41

146 147 148 149 150 151 152 153 154 155 156 157 158

WAKEFIELD ADDITION WESTWYCK COURT ADDITION WESTWYCK HILLS WHISPERING DELL ESTATES WHITE CHAPEL PLACE ADDITION WILMINGTON PARK WIMBLEDON ESTATES WINDING CREEK WINFIELD ESTATES WINGATE HILL WOODBURY ADDITION WOODLAND HEIGHTS WORTHING ADDITION

7 3 41 38 12 19 17 74 12 24 9 32 9

43,466 42,921 23,002 42,072 8,073 18,991 38,719 14,912 18,971 42,848 20,979 38,262 18,980

44,356 46,272 37,010 57,543 84,629 20,633 45,763 16,730 21,812 46,997 22,879 66,933 27,423

* The Timarron development is composed of multiple subdivisions, all under the general heading of 'Timarron'. Sample names are Timarron-Brenwyck, Timarron-Wyndsor Grove, Timarron-Northwood Park, and many others.

45,643 48,442 107,232 105,247 256,089 29,030 53,025 25,871 25,670 93,362 25,778 158,503 35,823

CO N TAC T U S If you have any questions regarding material included in this report, or would like to know more about the Planning and Development Services department, please feel free to contact us using one of the methods below:

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