Page 95 - Southlake FY22 Budget
P. 95

CITY PrOFILE




                                     TaxaBle PrOPerTy values

                  $9,000
                                                                                           $8,221
                  $8,000                                              $7,770    $7,769
                                                           $7,287
                  $7,000                        $6,662
                                      $6,369

                  $6,000   $5,785
                BILLIONS OF DOLLARS  $5,000




                  $4,000


                  $3,000


                  $2,000


                  $1,000


                    $0
                           2016       2017       2018       2019      2020       2021       2022
                                                            YEAR
          Warning Trend:  Declining growth or drop                                 *Unaudited     **Proposed Budget
          in the value of property

        The property value comparison for several fiscal years indicates continued growth in property values.  Since 2016, the
        certified tax roll values have increased steadily, however, 2021 values were relatively flat over 2020.  The reflected
        values include new property added to the roll as of January 1 of each year.


                                        Fiscal Year        Total Taxable Valuation
                                           2010                $5,211,181,608
                                           2011                $5,232,316,346
                                           2012                $5,290,518,261
                                           2013                $5,331,182,997
                                           2014                $5,494,514,119
                                           2015                $5,680,109,441
                                           2016                $5,785,322,918
                                           2017                $6,368,901,046
                                           2018               $6,662,494,784
                                           2019                $7,286,898,962
                                           2020                $7,769,729,082
                                           2021                $7,768,644,007
                                           2022               $8,220,731,143







       94    FY 2022 City of Southlake  |  BUDGET BOOK
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