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8/15/2023 <br />3 <br />Tax Rate <br />40.109%40.154% <br />34.974% <br />35.535% <br />35.927% <br />32.000% <br />33.000% <br />34.000% <br />35.000% <br />36.000% <br />37.000% <br />38.000% <br />39.000% <br />40.000% <br />41.000% <br />Actual - 2021 Actual - 2022 Actual - 2023 Proposed - 2024 Financial Plan - 2024 <br />Proposed Tax Rate Impact <br />Residential Homestead Property <br />$53 Increase in City Taxes with Proposed 2024 Tax Rate <br />Median Home Value $410,350 <br />$30 Increase due to Taxable Market Value Increase <br />$23 Increase due to City Tax Rate Increase