Page 127 - Southlake FY22 Budget
P. 127
CITY PrOFILE
Tax raTe - COmParisOn
0.7
0.6
0.5
$0.405
0.4
TAX RATE 0.3
0.2
0.1
0
FY 2021
This chart shows the total FY 2021 ad valorem tax rate for each benchmark city. FY 2021 takes place during the 2020
tax year. 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 $0.3905 $0.0945 $0.4850 Grapevine $0.1332 $0.1427 $0.2759
Arlington $0.4085 $0.2140 $0.6225 Hurst $0.5042 $0.1210 $0.6252
Bedford $0.3310 $0.2380 $0.5690 Keller $0.3242 $0.0708 $0.3950
Carrollton $0.4778 $0.1464 $0.6241 McKinney $0.3547 $0.1539 $0.5086
North Richland
Colleyville $0.2894 $0.0149 $0.3044 $0.3436 $0.2321 $0.5757
Hills
Coppell $0.4812 $0.0988 $0.5800 University Park $0.2648 $- $0.2648
Euless $0.3820 $0.0805 $0.4625 Plano $0.3372 $0.1110 $0.4482
Farmers $0.5062 $0.0828 $0.5890 Richardson $0.3812 $0.2439 $0.6252
Branch
Flower Mound $0.3504 $0.0887 $0.4392 Southlake $0.3300 $0.0750 $0.4050
Frisco $0.2971 $0.1476 $0.4448
126 FY 2022 City of Southlake | BUDGET BOOK
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