Page 28 - BurlesonFY24AdoptedBudget
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11 Year Ad Valorem History
$0.80
79.00%
$0.70
$0.60 77.00%
$0.50
75.00%
$0.40
$0.30 73.00%
$0.20
71.00%
$0.10
$0.00 69.00%
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Interest & Sinking Operating & Maintenance O&M % of Total
Operations & Maintenance Rate (O&M rate)
The adopted budget decreases the O&M rate from $0.4649/$100 value to
$0.4402/$100 value.
Debt Service Rate (I&S rate)
The debt service rate did not change from FY 2022-2023 at a $0.1923/$100 value.
This debt rate partly provides for the debt capacity to fund $93.9 million dollars in
public safety and street projects over the next five years. The debt rate is 30.4% of
the total tax rate. The debt rate allows for the funding of general government
capital improvement. As the city continues to grow and prosper, the debt rate
provides for the construction of public infrastructure to meet the demands of that
growth. The chart below compares rates across 12 comparable cities.
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