Taxes
Tax Information
Assessed Values
| Type | FY 2018 - 2019 | FY 2019 - 2020 |
|---|---|---|
| Total Assessed Value | $2,255,296,630 | $2,357,793,866 |
Tax Rate
| Type | FY 2018 - 2019 | FY 2019 - 2020 |
|---|---|---|
| Debt Service (I&S) | 0.08323 | 0.086534 |
| General Fund (O&M) | 0.479787 | 0.476486 |
| Total Tax Rate | 0.56302 | 0.56302 |
Tax Levy
| Type | FY 2018 - 2019 | FY 2019 - 2020 |
|---|---|---|
| General Fund | $10,820,621 | $11,234,555 |
| Debt Obligations | $1,877,172 | $2,040,296 |
| Total Tax Levy | $12,697,794 | $13,274,851 |
Area Combined Tax Rate
| Type | FY 2019 - 2020 |
|---|---|
| Lewisville ISD | $1.3375 |
| Highland Village | $0.56302 |
| Denton County | $0.225278 |
| Total Area Combined Tax Rate | $2.125798 |
Sales Tax Rate (8.25%)
| Type | FY 2019 - 2020 |
|---|---|
| State of Texas | 6.25% |
| Highland Village | 1.00% |
| Highland Village Community Development Fund (4B) | 0.50% |
| Denton County Transportation Authority (DCTA) | 0.50% |
| Total Sales Tax Rate | 8.25% |