Page 109 - CityofSouthlakeFY26AdoptedBudget

Commercial Valuation Growth

KDD Z / > KE^d͘ W ZD/d s >h d/KE ; EEh >Ϳ hDh> d/s s >h d/KE
City Profile
Ψϭ͕ϲϬϬ͕ϬϬϬ͕ϬϬϬ

Ψϭ͕ϯϴϴ͕Ϯϭϲ͕ϭϮϱ
Ψϭ͕ϰϬϬ͕ϬϬϬ͕ϬϬϬ

Ψϭ͕ϮϬϬ͕ϬϬϬ͕ϬϬϬ

Ψϭ͕ϬϬϬ͕ϬϬϬ͕ϬϬϬ
s >h d/KE /E Ψ ΨϴϬϬ͕ϬϬϬ͕ϬϬϬ

ΨϲϬϬ͕ϬϬϬ͕ϬϬϬ

ΨϰϬϬ͕ϬϬϬ͕ϬϬϬ

ΨϮϬϬ͕ϬϬϬ͕ϬϬϬ ΨϵϮ͕ϳϭϴ͕ϵϭϴ

ΨϬ

&/^ > z Z
Source: Southlake Planning & Development Services

This chart maps the cumulative valuation of commercial growth and annual valuation added since 2000.
Increases in the commercial valuation of property lead to growth in the City’s tax base, which generates
more tax revenues for the City and sustains the level of service that citizens are accustomed to receiving.
As the City approaches build-out, we expect to continue to see these numbers slow.

Annual Valuation Cumulative Annual Valuation Cumulative
Fiscal Year Fiscal Year
Added Valuation Added Added Valuation Added
2000 $51,466,379 $119,398,255 2013 $17,976,714 $538,378,442
2001 $18,258,838 $137,657,093 2014 $42,543,750 $600,922,192
2002 $14,168,938 $151,826,031 2015 $81,215,734 $682,137,926
2003 $6,852,381 $158,678,412 2016 $178,247,281 $860,385,207
2004 $17,105,540 $175,783,952 2017 $32,503,544 $892,888,751
2005 $47,347,107 $223,131,059 2018 $37,518,535 $930,407,286
2006 $33,921,357 $257,052,416 2019 $134,686,569 $1,065,093,855
2007 $43,757,408 $300,809,824 2020 $35,946,367 $1,101,040,222
2008 $29,651,556 $330,461,380 2021 $35,229,360 $1,136,269,582
2009 $39,463,638 $369,925,018 2022 $51,465,526 $1,87,735,108
2010 $67,764,510 $437,689,528 2023 $35,448,093 $1,223,183,201
2011 $18,384,157 $456,073,685 2024 $72,314,006 $1,295,497,207
2012 $84,328,043 $540,401,728 2025 (through Q3) $92,718,918 $1,388,216,125

FY 2026 City of Southlake | Budget Book 109