DeSoto FY21----FY22-Approved-Budget

Property Tax Rate History

0.80

0.70

0.60

0.50

Debt Service General Fund

0.40

0.30

0.20

0.10

0.00

2013

2014

2015

2016

2017

2018

2019

2020

2021

Fiscal Year

Fiscal Yr General Fund Debt Service Total 2013 0.51990 0.23750 0.75740 2014 0.53030 0.22710 0.75740 2015 0.53030 0.22710 0.75740 2016 0.52490 0.22500 0.74990 2017 0.53490 0.21000 0.74490 2018 0.54000 0.19990 0.73990 2019 0.55000 0.171394 0.721394 2020 0.55016 0.151394 0.701554 2021 0.55016 0.151394 0.701554

The General Fund FY 2021 tax rate of 55.016 cents per $100 valuation for Maintenance and Operations remains the same when compared to the FY 2020 tax rate. The Debt Service Fund Proposed FY 2021 tax rate of 15.1394 cents per $100 valuation for principal and interest payments on bonded debt will remain the same when compared to the FY 2020 tax rate.

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