 Services provided by the City under general governmental functions include public events, public safety, planning and development, engineering, street maintenance, parks operation and maintenance, recreation, library services, and general administrative services.According to the city's 2013–14 Comprehensive Annual Financial Report, the city's various funds had $104.2 million in revenues, $79.6 million in expenditures, $678.6 million in total assets, $182.1 million in total liabilities, and $108.8 million in cash and investments.The vast majority of Southlake is in the 100% TEA Exemplary-rated Carroll Independent School District.