Page 115 - Southlake FY23 Budget

CITY PROFILE

what DoeS a reSiDential ProPerty owner Pay?

70%

60% 59%

50%

PERCENTAGE OF TOTAL TAX BILL 40%

30%

20%
13%
10% 11%
10%
6%

0%
CITY OF SOUTHLAKE TARRANT COUNTY HOSPITAL TARRANT COUNTY COLLEGE TARRANT COUNTY CARROLL ISD

FY 2023 property tax based on 2022 tax year assessment

This chart illustrates the City property tax portion payable for Fiscal Year 2023 by an individual owning a home valued
at $882,302 located in Tarrant County and in the Carroll Independent School District.

Taxing Entity FY 2023 Proposed Tax Rates Tax Bill Percentage of Total
(For an average valued home)
City of Southlake $0.390000 $2,541 13%
Tarrant County Hospital $0.224429 $1,980 10%
Tarrant County College $0.130170 $1,148 6%
Tarrant County $0.229000 $2,020 11%
Carroll ISD $1.286400 $11,193 59%
Assumes all other taxing enitity tax rates remain the same

114 FY 2023 City of Southlake | BUDGET BOOK
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