Page 106 - Southlake FY20 Budget
P. 106
City Profile
What Does a Residential Property Owner Pay?
70%
60%
60%
50%
PERCENTAGE OF TOTAL TAX BILL 40%
30%
20%
14%
10% 10%
10%
6%
0%
CITY OF SOUTHLAKE TARRANT COUNTY HOSPITAL TARRANT COUNTY COLLEGE TARRANT COUNTY CARROLL ISD
FY 2020 property tax based on 2019 assessment
This chart illustrates the City property tax portion payable for Fiscal Year 2020 by an individual owning a home valued
at $740,745 located in Tarrant County and in the Carroll Independent School District.
Taxing Entity FY 2020 Tax Rates* Tax Bill Percentage of Total
City of Southlake $0.410000 $2,430 14%
Tarrant County Hospital $0.224429 $1,662 10%
Tarrant County College $0.136070 $1,008 6%
Tarrant County $0.234000 $1,733 10%
Carroll ISD $1.380000 $10,222 60%
*This analysis assumes that other taxing entities make no changes to their tax rates for FY 2020.
www.CityofSouthlake.com 105