Page 113 - Southlake FY20 Budget

City Profile

Tax Rate - Comparison

$0.7000

$0.6000

$0.5000
$0.4470

$0.4000
TAX RATE

$0.3000

$0.2000

$0.1000

$-

2019 Tax Year

This chart shows the total 2019 ad valorem tax rate for each benchmark city. Southlake’s total tax rate trends towards
the lower third of this chart, demonstrating that the City’s tax rate is competitive when compared to the total tax rates
of the other benchmark municipalities.

Maintenance Debt Maintenance Debt
City Total Tax Rate City Total Tax Rate
& Operations Service & Operations Service
Allen $0.3935 $0.1045 $0.4980 Grapevine $0.1306 $0.1587 $0.2893
Arlington $0.4428 $0.1920 $0.6348 Hurst $0.4650 $0.1084 $0.5800
Bedford $0.3441 $0.2177 $0.5619 Keller $0.3329 $0.0803 $0.4133
Carrollton $0.4302 $0.1648 $0.5950 McKinney $0.3624 $0.1628 $0.5252
North Richland
Colleyville $0.3038 $0.0170 $0.3208 $0.3271 $0.2579 $0.5850
Hills
Coppell $0.4473 $0.1222 $0.5695 Plano $0.3493 $0.1110 $0.4603
Euless $0.3717 $0.0908 $0.4625 Richardson $0.3741 $0.2510 $0.6252
Farmers $0.5167 $0.0828 $0.5995 University Park $0.2454 $0.0000 $0.2454
Branch
Flower Mound $0.3465 $0.0925 $0.4390 Southlake $0.3570 $0.0900 $0.4470
Frisco $0.2934 $0.1532 $0.4466

112 www.CityofSouthlake.com