Page 124 - Southlake FY23 Budget

CITY PROFILE

aD Valorem reVenue Per CaPita - ComPariSon

1,200

$989 $1,012
1,000 $904
$835

800

DOLLARS 600 $442 $443 $454 $463 $469 $516 $531 $533 $568 $569

400 $306 $330 $365
$251 $289

200

-

FY 2022 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 2022. Southlake budgeted to collect $835 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 2022 Ad FY 2022 Ad
City Valorem Revenue City Valorem Revenue
(Budgeted) (Budgeted)
Allen $56,742,462 Grapevine $14,315,767
Arlington $114,376,400 Hurst $17,018,541
Bedford $17,818,790 Keller $20,242,689
Carrollton $63,320,775 McKinney $93,072,578
North Richland
Colleyville $15,640,000 $21,914,146
Hills
Coppell $41,131,785 Plano $152,928,764
Euless $19,248,931 Richardson $67,907,553
Farmers Branch $36,420,000 Southlake $26,662,367
Flower Mound $42,182,513 University Park $22,862,630
Frisco $103,359,219

BUDGET BOOK | FY 2023 City of Southlake 123
WWW.CITYOFSOUTHLAKE.COM