Page 132 - CityofSouthlakeFY25AdoptedBudget

Property Tax Supported Long-Term Debt as a
% of Assessed Valuation Comparison

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FY 2024
Warning Trend: Increasing net long-term debt as a percentage of assessed valuation

This chart shows a side by side comparison of long-term debt as a percentage of assessed valuation for
Southlake and its benchmark cities. This chart shows that Southlake’s property tax supported debt and
debt as a percentage of assessed valuation is moderate compared to our other benchmark cities.

Long-Term Assessed Long-Term Assessed
City City
Debt Valuation Debt Valuation
Allen $123,315,000 $19,828,106,980 Grapevine $11,998,671 $12,097,624,015
Arlington $648,734,000 $41,353,985,470 Hurst $50,420,000 $4,305,332,859
Bedford $82,300,000 $6,333,743,721 Keller $45,238,200 $6,409,883,048
Carrollton $30,912,033 $21,131,931,728 McKinney $348,235,000 $35,906,239,208
Colleyville $769,010 $7,429,421,735 North Richland Hills $134,754,617 $8,623,319,356
Coppell $65,215,000 $10,511,180,120 Plano $560,985,000 $57,421,497,071
Euless $76,897,849 $6,844,091,124 Richardson $488,128,463 $21,827,557,260
Farmers Branch $52,115,468.71 $9,280,116,565 University Park $- $10,693,424,538
Flower Mound $48,853,179 $14,279,514,081 Southlake $38,547,405 $13,974,849,859
Frisco $587,920,000 $46,449,702,059

132 FY 2025 City of Southlake | Budget Book