Page 30 - CityofSouthlakeFY26AdoptedBudget

Revenue Source FY 2025 FY 2026 $ Change %
(all funds) Adopted Revenue Budgeted Revenue Change
Ad Valorem
(Property Tax - all funds) $34,741,025 $34,920,033 $179,008 0.5%
Sales Tax $43,739,684 $45,163,040 $1,423,356 3.3%
Hotel Occupancy Tax $2,347,250 $2,600,000 $252,750 10.8%
Franchise Fees $3,453,329 $3,384,208 ($69,121) -2.0%
Fines $806,500 $918,500 $112,000 13.9%
Charges for Services $6,326,081 $6,452,033 $125,952 2.0%
Rental Income $153,824 $153,824 $0 0.0%
Permits/Fees $1,509,100 $1,614,600 $105,500 7.0%
Budget Overview
Miscellaneous $997,000 $986,400 ($10,600) -1.1%
Water Sales-residential $19,000,400 $20,140,000 $1,139,600 6.0%
Water Sales-commercial $5,400,200 $5,745,000 $344,800 6.4%
Stormwater-residential $927,050 $928,000 $950 0.1%
Stormwater-commercial $692,500 $ $694,000 $1,500 0.2%
Wastewater Sales $11,000,000 $11,500,000 $500,000 4.5%
Sanitation Sales $2,856,450 $3,185,000 $328,550 11.5%
Other Utility Charges $280,800 $305,800 $25,000 8.9%
TIF District $9,605,358 $10,376,956 $771,598 8.0%
Interest Income $5,442,900 $5,334,900 ($108,000) -2.0%
Total Revenues $149,279,451 $154,402,294 $5,122,843 3.4%

Figure 6

Taxable Value Comparison

% Increase New Construction
Fiscal Year Taxable Value* New Construction
Prior Year as % of Total
2018 $6,662,494,784 4.60% $331,766,093 5.0%
2019 $7,286,898,962 9.37% $426,443,267 5.9%

2020 $7,769,729,082 6.63% $353,194,601 4.5%

2021 $7,768,644,007 -0.01% $261,355,087 3.4%
2022 $8,220,731,143 5.82% $144,702,157 1.8%

2023 $9,064,721,083 10.27% $128,609,945 1.4%

2024 $10,564,623,953 16.55% $169,392,409 1.6%

2025 $11,275,155,717 6.73% $127,637,112 1.1%
2026 $11,718,045,212 3.90% $141,709,394 1.2%

*net TIRZ value

30 FY 2026 City of Southlake | Budget Book FY 2026 City of Southlake | Budget Book 31