DeSoto FY21----FY22-Approved-Budget

Total Taxable Value*

$5,500

$5,000

$4,500

$4,000

$3,500

$3,000

$2,500

$2,000

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Total Taxable Value*

The following graph shows the historical growth in property value in the past 5-years and the projected growth in value in the future. The average growth rate for the past 10-years is 1.84%. This can be used as a conservative Estimated Growth Factor (EGF) for the next five years.

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