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





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