Page 416 - CityofKellerFY25Budget

TAX RATES AND AVERAGE HOME VALUE FOR LAST TEN YEARS

$ $
No New Adopted Voter Adopted % Average Average % Average
Fiscal
Proposed Revenue Tax Over/ Approval Tax Over/ Average Home Home Taxable Home Tax Home Tax Levy
Year Tax Rate $ Change Rate (Under) Rate (Under) Taxable Value Value Growth Levy Growth
2015-16 0.43469 (0.00250) 0.44159 (0.0069) 0.45714 (0.0225) 287,593 1.18% 1,250.14 0.60%

2016-17 0.43000 (0.00469) 0.40885 0.0211 0.43938 (0.0094) 316,629 10.10% 1,361.50 8.91%

2017-18 0.42750 (0.00250) 0.41819 0.0093 0.43269 (0.0052) 329,840 4.17% 1,410.07 3.57%

2018-19 0.41325 (0.01425) 0.41328 (0.0000) 0.41330 (0.0001) 346,378 5.01% 1,431.41 1.51%

2019-20 0.39990 (0.01335) 0.40195 (0.0020) 0.43106 (0.0312) 355,394 2.60% 1,421.22 -0.71%

2020-21 0.39500 (0.00490) 0.41759 (0.0226) 0.41627 (0.0213) 351,817 -1.01% 1,389.68 -2.22%

2021-22 0.39500 - 0.40622 (0.0112) 0.40626 (0.0113) 347,898 -1.11% 1,374.20 -1.11%

2022-23 0.35450 (0.04050) 0.36028 (0.0058) 0.37456 (0.0201) 387,603 11.41% 1,374.05 -0.01%

2023-24 0.31200 (0.04250) 0.31977 (0.0078) 0.33245 (0.0205) 440,350 13.61% 1,373.89 -0.01%

2024-25 0.29112 (0.02088) 0.29855 (0.0074) 0.30229 (0.0112) 471,929 7.17% 1,373.88 0.00%

TAX RATE COMPARISONS
0.45000
0.43000
0.41000
0.39000
0.37000
0.35000
0.33000
0.31000
0.29000
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

Proposed Tax Rate No New Revenue Tax Rate Voter Approval Tax Rate

414