Taxes
Tax Information
Assessed Values
| Type | FY 2020 - 2021 | FY 2021 - 2022 | FY 2022-2023 |
|---|---|---|---|
| Total Assessed Value | $2,401,709,332 | $2,528,118,203 | $2,790,156,957 |
Tax Rate
| Type | FY 2020 - 2021 | FY 2021 - 2022 | FY 2022-2023 |
|---|---|---|---|
| Debt Service (I&S) | 0.084887 | 0.080385 | .075033 |
| General Fund (O&M) | 0.478133 | 0.482635 | .471792 |
| Total Tax Rate | 0.56302 | 0.56302 | .546825 |
Tax Levy
| Type | FY 2020 - 2021 | FY 2021 - 2022 | FY 2022-2023 |
|---|---|---|---|
| General Fund | $11,483,367 | $12,201,572 | $13,163,726 |
| Debt Obligations | $2,038,737 | $2,032,239 | $2,093,550 |
| Total Tax Levy | $13,522,104 | $14,233,811 | $15,257,276 |
Area Combined Tax Rate
| Type | FY 2020 - 2021 | FY 2021 - 2022 | FY 2022-2023 |
|---|---|---|---|
| Lewisville ISD | $1.3473 | $1.3085 | $1.23680 |
| Highland Village | $0.56302 | $0.56302 | $.546825 |
| Denton County | $0.224985 | $0.2331 | $.21750 |
| Total Area Combined Tax Rate | $2.135305 | $2.10462 | $2.0011 |
Sales Tax Rate (8.25%)
| Type | FY 2020 - 2021 | FY 2021- 2022 | FY 2022-2023 |
|---|---|---|---|
| State of Texas | 6.25% | 6.25% | 6.25% |
| Highland Village | 1.00% | 1.00% | 1.00% |
| Highland Village Community Development Fund (4B) | 0.50% | 0.50% | 0.50% |
| Denton County Transportation Authority (DCTA) | 0.50% | 0.50% | 0.50% |
| Total Sales Tax Rate | 8.25% | 8.25% | 8.25% |
City Property Tax Exemptions for residents who are disabled or over 65 years of age:
To apply for an exemption of $75,000.00 on the City portion of your valuation for property tax through Denton County Appraisal District (DCAD), complete the form at this link.