City of DeSoto Fiscal Year 2020-2021Budget Cover Page September 15, 2020
FOR: This budget will raise more revenue from property taxes than last year's budget by an amount of $35,085, which is a .11 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 $548,780. The members of the governing body voted on a budget as follows: Curtistene S. McCowan - MAYOR Kenzie Moore III–MAYOR PRO TEM Kay Brown-Patrick
Nicole Raphiel Andre’ Byrd, Sr. Dr. Dinah Marks
AGAINST:
Candice Quarles
PRESENT and not voting:
ABSENT:
Property Tax Rate Comparison
2020-2021 Property Tax Rate: No New Revenue Tax Rate: No New Revenue Maintenance & Operations Voter Approval Tax Rate: Debt Rate:
2020-2021 0.701554 0.711897 0.637560 0.746384 0.151394
2019-2020 0.701554 0.658739 0.503516 0.701554 0.151394
Total debt obligation for City of DeSoto secured by property taxes: $
7,630,134.82
1006.1.3
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