ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 39
Listed below is a comparative view of per capita taxable value by city:
Table 11: Taxable Value by Capita Comparison
Town
Eustis
Leesburg
Mount Dora
Tavares
Population
2020
21,689
24,761
15,142
18,207
Final Taxable
Value 2020
1,146,517,394
1,591,541,670
1,302,530,025
1,049,496,704
% Change
from 2019
6.20%
10.78%
8.56%
7.37%
Per Capita
Taxable
Value 2020
52,862
64,276
86,021
57,642
In comparison with major Lake County adjacent towns, and with steady annual population
growth, The City of Eustis keeps the lowest taxable value per capita. This trend is very
attractive for citizens and we expect further dynamic population increases leading to future
revenue sources.
Other factors to be considered in preparing the 2020-21 budgets for the City include:
•
•
•
•
A desire to maintain the current millage rates while providing quality services.
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’ finances
for all those with an interest 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
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