City of DeSoto Fiscal Year 2023-2024 Budget Cover Page
This budget will raise more revenue from property taxes than last year's budget by an amount of $6,418,078, which is a 15.04 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $1,464,447.
The members of the governing body voted on the budget as follows:
FOR: Proctor, Hughes, Chism, Marks, Byrd, Raphiel, Parker
AGAINST: None
PRESENT and not voting: None ABSENT: None
Property Tax Rate Comparison
2023-2024
2022-2023
Property Tax Rate:
$0.685092/100 $0.609887/100
$0.691554/100 $0.611779/100
No-New-Revenue Tax Rate:
No-New-Revenue Maintenance & Operations Tax Rate:
$0.483176/100 $0.685092/100 $0.181607/100
$0.505176/100 $0.718738/100 $0.147305/100
Voter-Approval Tax Rate:
Debt Rate:
Total debt obligation for City of DeSoto secured by property taxes: $13,196,733.
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