Page 75 - CITY OF AZLE, TEXAS
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2018        2019        2020       2021        2022        2023       2023
                                     Actual     Actual      Actual      Actual     Actual     Proposed    Adopted
            M&O Rate                  0.5755680      0.5793460      0.5860440      0.5820860      0.5694780      0.5222032      0.5222032
            Debt Service Rate         0.0917190      0.0778580      0.0711600      0.0640630      0.0539480      0.0466712      0.0466712
            Total Rate                0.6672870      0.6572040      0.6572040      0.6461490      0.6234260      0.5688744      0.5688744

            General Fund Revenue        5,110,561       5,639,215       6,061,344       6,614,028       7,264,706       8,042,133       8,042,133
            Debt Service Revenue          814,388          757,851          735,995          727,924          688,203          718,755          718,755
            Total Revenue              5,924,949       6,397,066       6,797,338       7,341,952       7,952,909       8,760,888       8,760,888
                                          887,916,146          973,375,931       1,034,281,360       1,136,263,028       1,275,678,082       1,540,039,094       1,540,039,094


                                                Property Tax Rates

               0.8000000

               0.7000000

               0.6000000
               0.5000000
                                                                                                Debt Service Rate
               0.4000000
                                                                                                M&O Rate
               0.3000000

               0.2000000

               0.1000000
                    -
                             2018      2019      2020       2021      2022      2023


                                                Revenue from Property Tax

               10,000,000
                9,000,000

                8,000,000
                7,000,000
                6,000,000
                                                                                              Debt Service Revenue
                5,000,000
                4,000,000                                                                     General Fund Revenue

                3,000,000
                2,000,000
                1,000,000
                      -
                             2018      2019      2020       2021      2022      2023








            City of Azle FY 2023-2024 Budget                                                                   64
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