Page 403 - CityofSouthlakeFY26AdoptedBudget

Tax Rate Allocation

PROPERTY TAX

REVENUE ALLOCATION 2026

AMOUNT
Total Assessed Value 2025 $15,477,730,411 Appendix
Less TIF Value (-) ($632,165,088)
Less Exemptions (-) (3,127,520,111)
Total Taxable Value (=) 11,718,045,212
Proposed Tax Rate (X) 0.29500
Estimated Tax Levy (=) 34,568,233
Estimated Percent of Collections (X) 100.00%
Estimated Current Tax Collections (=) 34,568,233
Estimated Delinquent Collections,
Penalty, and Interest (+) 351,800
Estimated Available Funds (=) $34,920,033

TAX RATE DISTRIBUTION

GENERAL FUND RATE PERCENT TOTAL
Current $0.240 81.36% $28,123,309
Delinquent, penalty and interest (+) 300,000
Abatement (-) 0
Total General Fund (=) 28,423,309
DEBT SERVICE FUND
Current $0.05500 18.64% 6,444,925
Delinquent, penalty and interest (+) 51,800
Abatement (-) 0
Total Debt Service Fund (=) 6,496,725
Total General and Debt Service Funds $0.29500 100.00% $34,920,033

HISTORICAL TAX INFORMATION
DEBT
NET GENERAL SERVICE TOTAL
FISCAL TAXABLE FUND FUND TAX
YEAR VALUE (1) RATE RATE RATE
2025 $ 11,718,045,212 $ 0.24000 $ 0.05500 $ 0.29500

2025 $ 11,275,155,717 $ 0.25000 $ 0.05500 $ 0.30500

2024 $ 10,564,623,953 $ 0.26400 $ 0.05500 $ 0.31900

2023 $ 9,064,721,083 $ 0.29500 $ 0.06500 $ 0.36000

2022 $ 8,220,731,143 $ 0.32500 $ 0.06500 $ 0.39000

2021 $ 7,768,644,007 $ 0.33000 $ 0.07500 $ 0.40500

2020 $ 7,769,729,082 $ 0.33000 $ 0.08000 $ 0.41000
2019 $ 7,286,898,962 $ 0.35700 $ 0.09000 $ 0.44700

2018 $ 6,618,228,023 $ 0.36200 $ 0.10000 $ 0.46200

2017 $ 6,368,901,046 $ 0.36200 $ 0.10000 $ 0.46200

2016 $ 5,785,322,918 $ 0.36200 $ 0.10000 $ 0.46200

(1) Excluding TIF values
FY 2026 City of Southlake | Budget Book 403