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Latest tax rate News

What's in the FY 2022 Budget
Aug 17, 2021

City Delivers Tax Relief for Residents and Businesses in the FY 2022 Budget

The proposed FY 2022 Budget has been submitted by City Manager Shana Yelverton to the City Council for consideration. The proposed operating budget totals $104.6 million and includes a 1.5 cent tax rate decrease, reducing the total rate to $0.390. The tax rate reduction means a revenue reduction to the City of $1.23 million. Southlake’s…
front of Town Square and fountain with text FY 2021 Proposed Budget
Aug 18, 2020

Tax Relief for Residents and Businesses is the Star of the FY 2021 Budget

The proposed FY 2021 Budget has been submitted by City Manager Shana Yelverton to the City Council for consideration. The proposed budget totals $105.2 million and includes a ½ cent debt tax rate decrease, reducing the total rate to $0.405. The tax rate reduction means a revenue reduction to the City of $388,500. Southlake’s 20%…