City of DeSoto Fiscal Year 2024-2025 Budget Cover Page
This budget will raise more revenue from property taxes than last year's budget by an amount of $6,389,424, which is a 13.87 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 $1,067,228.
The members of the governing body voted on the budget as follows: FOR: Proctor, Hughes, Marks, Byrd, Raphiel, Parker
AGAINST: None
PRESENT and not voting: None ABSENT: Chism
Property Tax Rate Comparison
2024-2025
2023-2024
Property Tax Rate:
$0.684934/100 $0.613457/100
$0.685092/100 $0.609887/100
No-New-Revenue Tax Rate:
No-New-Revenue Maintenance & Operations Tax Rate:
$0.470087/100 $0.684934/100 $0.181000/100
$0.483176/100 $0.685092/100 $0.181607/100
Voter-Approval Tax Rate:
Debt Rate:
Total debt obligation for City of DeSoto secured by property taxes: $15,033,739.
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