Page 98 - ClearGov | Documents
P. 98
City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026 Table of Contents
Debt Service Fund Revenue Assumptions
FY 2025-2026 revenues in the Debt Service Fund are based on the amount of outstanding General Fund Operating Debt
requirements. The budgeted amount of property tax revenue for FY 2025-2026 in the Debt Service Fund is $28,457,724.
Property Tax Revenue
Property tax accounts for 100% of funding in the General Obligation Debt Service Fund. The property tax rate decreased
from $0.645000 in FY 2024-2025 to $0.639000 in FY 2025-2026.
Page 98

