DeSoto FY21----FY22-Approved-Budget

Tax Base Components

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

65% 64% 64% 63% 61% 60% 62% 62% 65% 65% 62%

35% 36% 36% 37% 39% 40% 38% 38% 35% 35% 38%

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Commercial

Residential

1.4 Gross Domestic Product - GDP GDP is one of the most common indicators to gauge the economy’s health. The U.S Bureau of Economic Analysis provides the GDP information by Metropolitan Area. The chart below summarizes the changes in GDP index and the annual percentage changes. The data exhibits a healthy economic trend starting in 2010 with 8.53 percent increase in the index from 2010 to 2015.

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