Page 114 - Southlake FY24 Budget
P. 114
What Does a Residential Property Owner Pay?
$12,000
$10,565
$10,000
$9,065
$8,221
$8,000 $7,287 $7,770 $7,769
BILLIONS OF DOLLARS $6,000 $6,662
City Profile
$4,000
$2,000
$0
2018 2019 2020 2021 2022 2023 2024
YEAR
FY 2024 property tax based on 2023 tax year assessment
This chart illustrates the City property tax portion payable for Fiscal Year 2024 by an individual owning a
home valued at $1,000,394 located in Tarrant County and in the Carroll Independent School District.
Tax Bill
Taxing Entity FY 2024 Adopted Tax Rates (For an average Percentage of Total
valued home)
City of Southlake $0.319000 $2,571 12%
Tarrant County Hospital $0.224429 $2,261 11%
Tarrant County College $0.130170 $1,311 6%
Tarrant County $0.224000 $2,257 11%
Carroll ISD $1.218800 $12,278 59%
Assumes all other taxing entity tax rates remain the same
114 FY 2024 City of Southlake | Budget Book