Page 94 - CityofSouthlakeFY25AdoptedBudget

Taxable Property Values

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City Profile

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Warning Trend: Declining growth or drop in the value of property

Total Taxable Valuation

The property value comparison for several fiscal years indicates continued growth in property values. Over
time, the certified tax roll values have increased steadily; however, 2021 values were relatively flat over 2020.
The reflected values include new property added to the roll as of January 1 of each year. It’s important to
note that as property values have risen, the city has adjusted the property tax rate to provide tax relief to
Southlake property owners.

Fiscal Year Total Taxable Valuation Fiscal Year Total Taxable Valuation

2012 $5,290,518,261 2019 $7,286,898,962
2013 $5,331,182,997 2020 $7,769,729,082
2014 $5,494,514,119 2021 $7,768,644,007
2015 $5,680,109,441 2022 $8,220,731,143
2016 $5,785,322,918 2023 $9,064,721,083
2017 $6,368,901,046 2024 $10,564,623,953
2018 $6,662,494,784 2025 $11,275,255,717

94 FY 2025 City of Southlake | Budget Book