DeSoto FY21-FY22 Budget Book

Property Tax Rate History

0.80

0.70

0.199900

0.125019

0.171394

0.151394

0.151394

0.60

0.50

0.40

0.30

0.576535

0.550160

0.550160

0.550000

0.540000

0.20

0.10

0.00

2018

2019

2020

2021

2022

M&O I&S

Fiscal Year M&O I&S

Total % Change 2018 0.540000 0.199900 0.739900 ‐0.7% 2019 0.550000 0.171394 0.721394 ‐2.5% 2020 0.550160 0.151394 0.701554 ‐2.8% 2021 0.550160 0.151394 0.701554 0.0% 2022 0.576535 0.125019 0.701554 0.0%

The General Fund FY 2022 tax rate remains at 70.1554 cents per $100 of taxable valuation‐‐unchanged from FY2021. This is the result of a slight decrease in the Interest & Sinking Fund portion of the rate (2.6375 cents) and an off‐setting equal increase in the Maintenance & Operations segment.

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