Page 130 - Southlake FY22 Budget

CITY PrOFILE

ad valOrem revenue Per CaPiTa - COmParisOn

1,400
$1,177
1,200
$972
1,000
$794
800
DOLLARS $648

600 $506 $512 $514 $522 $534 $566
$412 $419 $466 $473

400 $280 $308
$233 $242 $273

200

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FY 2021 Adopted Budget

This chart shows how Southlake stacks up against our benchmark cities in the amount of budgeted ad valorem
taxes per citizen in FY 2021. Southlake budgeted to collect $794 of ad valorem taxes per citizen, which is on the
high end of the scale. This is attributed to the higher average home value in Southlake compared to the other
benchmark cities.

FY 2021 Ad FY 2021 Ad
City Valorem Revenue City Valorem Revenue
(Budgeted) (Budgeted)
Allen $57,080,458 Grapevine $13,043,001
Arlington $107,110,384 Hurst $16,083,232
Bedford $11,405,000 Keller $23,718,635
Carrollton $56,765,335 McKinney $92,372,761
North Richland
Colleyville $15,320,000 $20,035,463
Hills
Coppell $48,756,757 Plano $152,877,006
Euless $17,727,859 Richardson $62,079,885
Farmers Branch $31,192,200 Southlake $31,459,808
Flower Mound $40,145,436 University Park $19,826,584
Frisco $95,600,000

BUDGET BOOK | FY 2022 City of Southlake 129
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