Page 119 - Southlake FY20 Budget

City Profile

Property Tax Supported Long-Term Debt as a % of Assessed Valuation Comparison

Outstanding Property Tax Supported Debt Debt as % of Assessed Valuation
2.50% $600,000,000
Desired Range 2.30%
2.14%
1.99% $500,000,000
2.00% 1.90%
1.78%
1.69% $400,000,000
1.59% 1.63%
Percentage of Valuation 1.50% 1.13% 1.18% 1.19% 1.22% 1.45% $300,000,000 Dollars

1.00% 0.98%
0.80%
$200,000,000
0.64%
0.50% 0.44%
$100,000,000

0.09%
0.00%
0.00% $-

Warning Trend: Increasing net long-term debt as a Long-term debt
percentage of assessed valuation FY 2019 Assessed valuation

This chart shows a side by side comparison of long-term debt as a percentage of assessed valuation for Southlake
and its benchmark cities. This chart shows that Southlake’s property tax supported debt and debt as a percentage of
assessed valuation is moderate compared to our other benchmark cities.

Long-Term
City Long-Term Debt Assessed Valuation City Assessed Valuation
Debt
Allen $87,484,246 $13,595,699,267 Grapevine $200,797,868 $8,730,311,913
Arlington $408,365,000 $25,753,273,388 Hurst $61,840,000 $3,103,842,101
Bedford $72,965,000 $4,315,127,332 Keller $68,019,894 $5,788,817,005
Carrollton $174,275,000 $14,336,181,987 McKinney $314,198,391 $21,663,777,033
Colleyville $4,314,953 $5,051,934,265 North Richland Hills $131,526,859 $6,927,461,437
Coppell $74,330,000 $7,590,756,781 Plano $506,708,345 $42,722,086,775
Euless $62,434,140 $3,840,434,874 Richardson $329,478,880 $15,361,532,344
Farmers Branch $62,815,570 $5,575,637,174 University Park $0 $8,085,217,904
Flower Mound $82,446,900 $10,370,094,270 Southlake $43,475,681 $9,810,068,614
Frisco $489,931,399 $27,559,237,370

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