Almost daily, Southlake residents invest in our City Southlake, and we thank you for your trust. Take a look at how the City puts that money to work and how we’ve managed your taxes responsibly. Our goal is to build and maintain the community of your dreams while carefully managing costs. We are planning today for our City’s tomorrow.
Understanding Your City Taxes Starts Here
Southlake was built with an eye towards the future. Town Square, each neighborhood, parks, streets, water, even sewer are all part of a comprehensive plan for a sustainable City that adapts to change but keeps its character. Each year, the Council has implemented a series of master plans with the City’s budget, methodically funding desired projects while adhering to established financial guidelines to ensure a secure and stable financial situation. As a result, the City enjoys a AAA bond rating and has taken been able to lower the tax rate to a historic low. Residents also benefit from a 20% homestead exemption (the highest level permitted by law), and yes, even very low debt. All of this works together to provide high-value municipal services as part of our plan.