Taxes

Tax Information

Assessed Values 

TypeFY 2020 - 2021FY 2021 - 2022FY 2022-2023
Total Assessed Value$2,401,709,332$2,528,118,203$2,790,156,957


Tax Rate

TypeFY 2020 - 2021FY 2021 - 2022FY 2022-2023
Debt Service (I&S)0.0848870.080385.075033
General Fund (O&M)0.4781330.482635.471792
Total Tax Rate0.563020.56302.546825


Tax Levy

TypeFY 2020 - 2021   FY 2021 - 2022FY 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

TypeFY 2020 - 2021 FY 2021 - 2022FY 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%)

TypeFY 2020 - 2021 FY 2021- 2022FY 2022-2023
State of Texas6.25% 6.25%6.25%
Highland Village1.00% 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 Rate8.25% 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.