Page 2 - Southlake FY23 Budget

Filed September 29, 2022 3:49 PM
Tarrant County Clerk's Office
City of Southlake, Texas
Mary Louise Nicholson
Fiscal Year 2022-2023 Tarrant County Clerk

This budget will raise less revenue from property taxes than last year's

budget by an amount of $-1,049, which is a 0.00 percent decrease from

last year's budget. The property tax revenue to be raised from new

property added to the tax roll this year is $505,612.

The members of the governing body voted on the budget as follows:

FOR: Mayor John Huffman
Kathy Talley
Randy Robbins
Shawn McCaskill
Ronell Smith
Randy Williamson

ABSENT: Amy Torres-Lepp

Property Tax Rate Comparison
2022-2023 2021-2022
Property Tax Rate: $0.360000/100 $0.390000/100
No-New-Revenue Tax Rate: $0.364058/100 $0.397114/100
No-New-Revenue Maintenance & Operations Tax Rate: $0.300567/100 $0.320358/100
Voter-Approval Tax Rate: $0.385870/100 $0.402655/100
Debt Rate: $0.065000/100 $0.065000/100

Total debt obligation for City of Southlake, Texas secured by property taxes:

$6,328,378