ACFR FY 2022 FINAL BOOK - Flipbook - Page 43
FINANCIAL SECTION
City of Eustis, Florida
Table 14: Taxable Value by Capita Comparison
Town
Eustis
Leesburg
Mount Dora
Tavares
Population 2022
24,115
28,249
16,688
19,604
Final Taxable Value
2022
1,347,838,047
2,032,087,341
1,549,607,068
1,307,640,660
% Change from 2021
10�17%
19�00%
11�66%
15�03%
Per Capita Taxable
Value 2022
55,892
71,935
92,858
66,703
Compared with major Lake County adjacent towns and steady annual population growth, the City
of Eustis keeps the lowest taxable value per capita� This trend is desirable for citizens, and we are
expecting a further dynamic population increase that leads to future revenue sources review�
Other factors to be considered in preparing the 2023-24 budgets for the City include:
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A desire to maintain the current millage rates while providing quality services�
The Consumer price Index increased by 8�2% in September of 2022�
Increases in the funding of the police and Fire pensions�
market pay and merit adjustments for City employees�
maintaining a robust Capital Improvement plan to meet the needs of Eustis’ residents�
Requests for Information
This financial report is designed to provide a general overview of the City of Eustis’s finances for all
those interested in the government’s finances� Questions concerning any of the information provided
in this report or requests for additional financial information should be addressed to:
City of Eustis
mike Sheppard, Finance Director
p�O� Drawer 68 Eustis, FL 32727-0068 phone: (352) 483-5440
www�eustis�org
Annual Comprehensive Financial Report | September 30, 2022
43