Crime & Public Safety
Seagoville Reports $1.84 Million in Stolen Property
By Merv Moore | Shop in Seagoville | September 3, 2026
The value of property reported stolen in Seagoville reached $1.84 million in fiscal year 2024. That figure comes from the city’s latest budget records. Nearly $1 million of that reported value was never recovered.
The city recovered $849,901 worth of stolen property that year. That leaves a gap of $989,102 between what was reported stolen and what was returned. Put another way, the city recovered about 46 cents for every dollar reported stolen.
Losses Increased From Previous Year
The $1.84 million figure represents a significant increase from fiscal year 2023, when the city reported $1.47 million in stolen property. The increase was about $369,000, or 25 percent.
Recovery also increased that year. The city recovered $735,000 in fiscal year 2023, compared with $849,901 in fiscal year 2024. That is an increase of nearly $115,000.
Even with that gain, recovery did not keep pace with losses. In fiscal year 2023, recovered property equaled exactly half of the $1.47 million reported stolen. By fiscal year 2024, the recovery share had slipped to about 46 percent.
Measuring The Cost Of Crime
The numbers point to an important distinction in measuring property crime. Crime totals show how many offenses occurred. Property value figures show the financial impact of those offenses.
For example, a small number of vehicle thefts can produce far greater dollar losses than many cases involving merchandise or personal belongings. That distinction helps explain why reported losses can shift sharply from one year to the next.
Early Projections Ran Higher
The fiscal year 2024 results also show why projected figures in city budgets should not be treated as final statistics. Budget projections are estimates made months before a fiscal year ends.
When Seagoville prepared its fiscal year 2025 budget, officials projected $2.5 million in stolen property for fiscal year 2024. That estimate was about $661,000 higher than the $1.84 million actual figure that followed.
The city had originally budgeted $1.5 million in stolen property for that year. The final total exceeded that early assumption by about $339,000, but it remained well below the later $2.5 million projection.
A similar pattern showed up in recovered property. Seagoville originally budgeted $1 million in recoveries. That estimate later rose to $1.1 million, and the city ultimately reported $849,901.
Nearly $1 million in reported property was never recovered in fiscal year 2024.
Nearly $1 Million Went Unrecovered
For residents and businesses, the most telling number may be what was not recovered. The gap between property reported stolen and property recovered reached about $989,000 during fiscal year 2024.
That gap does not necessarily mean victims absorbed exactly $989,000 in losses. Insurance payments, later recoveries and valuation differences can each affect the outcome for individual victims. Still, the city’s figures show the scale of property affected by crime each year.
Why Recovery Is Difficult
The Police Department’s responsibilities extend well beyond making arrests. Detectives investigate offenses, collect evidence and obtain warrants.
They also work with outside agencies, including the North Texas Auto Theft Task Force. Recovering stolen property can be particularly difficult once it leaves the city.
Property may be sold, dismantled or concealed soon after it is taken. That makes it harder for investigators to trace.
2024 Was Not A Record
Despite the increase from fiscal year 2023, the 2024 total was not the highest recent figure in Seagoville’s budget records. Fiscal year 2022 records show about $2.55 million in stolen property and roughly $1.10 million recovered.
That means fiscal year 2024 losses remained about $713,000 below the fiscal year 2022 level. The pattern shows how sharply the dollar impact of property crime can shift from year to year.
That shift can happen even when the number of reported offenses does not change much. Dollar figures and offense counts do not always move together.
For Seagoville residents, the city’s final fiscal year 2024 figures offer a clearer measure than the earlier $2.5 million projection. About $1.84 million in property was reported stolen, about $850,000 was recovered and nearly $1 million separated the two totals.
These numbers offer another way to measure crime beyond simple offense counts. They show what property crime actually costs the people and businesses it affects.
Tags: Seagoville Crime • Seagoville Police • Property Crime • Stolen Property • Public Safety • Crime Statistics • Seagoville Texas
