Page 100 - Southlake FY24 Budget

Financial Trend Monitoring System: Financial Indicators

Ad Valorem and Sales Tax Revenue (General Fund) Per Capita

AD VALOREM TAX SALES TAX
$1,000

$900 $861 $831 $841 $842 $861
$812 $802
$800

$700 $662
$623 $609
$596
City Profile
$600
DOLLARS PER CAPITA $500 $477 $503 $501

$400

$300

$200

$100

$-
2018 2019 2020 2021 2022 2023* 2024**
FISCAL YEAR

*Unaudited **Adopted Budget
Net operating sales tax or ad valorem revenue
Population

Warning Trend: Decreasing sales tax collection
Warning Trend: Decreasing net operating revenue per capita

Examining per capita revenues shows changes in revenues relative to changes in population size. This
chart reflects changes in ad valorem (property) and sales tax revenues per capita since 2018.

Ad Valorem Tax Ad Valorem Tax Sales Tax General Fund Sales
Fiscal Year Population
(General Fund) per Capita (General Fund) Tax per Capita
2012 26,770 $17,690,312 $661 $9,443,239 $353
2013 27,080 $18,523,069 $684 $10,536,425 $389
2014 27,330 $19,193,801 $702 $12,585,569 $461
2015 28,296 $19,149,431 $677 $14,339,915 $507
2016 28,868 $20,920,809 $725 $13,480,025 $467
2017 29,440 $22,694,444 $771 $13,732,007 $466
2018 29,580 $24,028,296 $812 $14,111,661 $477
2019 30,010 $25,832,530 $861 $15,104,616 $503
2020 30,370 $25,072,864 $802 $15,660,985 $501
2021 31,199 $25,581,525 $831 $16,166,000 $596
2022 31,770 $21,047,369 $841 $21,047,369 $662
2023* 31,975 $26,915,642 $842 $19,908,000 $623
2024** 32,691 $28,140,607 $861 $19,908,000 $609

100 FY 2024 City of Southlake | Budget Book