Page 129 - CityofSouthlakeFY25AdoptedBudget
P. 129

Ad Valorem Revenue Per Capita Comparison



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                                                     FY 2024 Adopted Budget

          This chart shows how Southlake stacks up against our benchmark cities in the amount of budgeted ad
          valorem taxes  per citizen in FY 2024. Southlake budgeted to collect $880 of ad valorem taxes per citizen,
          which is on the high end of the scale. This is attributed to the higher average home value in Southlake
          compared to the other benchmark cities.


                                        FY 2024 Ad Valorem                                  FY 2024 Ad Valorem
           City                                                City
                                        Revenue (Budgeted)                                  Revenue (Budgeted)
           Allen                             $62,045,375       Grapevine                         $15,011,862
           Arlington                        $144,776,982       Hurst                             $19,659,740
           Bedford                           $20,925,810       Keller                            $20,034,941
           Carrollton                        $71,232,723       McKinney                         $103,938,879
           Colleyville                       $17,776,505       North Richland Hills              $26,093,764
           Coppell                           $43,937,073       Plano                             $162,741,329
           Euless                            $21,892,546       Richardson                        $75,193,587
           Farmers Branch                   $44,924,200        Southlake                         $28,140,607
           Flower Mound                      $49,743,065       University Park                   $25,409,166
           Frisco                           $125,276,622







                                                                                FY 2025 City of Southlake  |  Budget Book   129
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