Red White Blue FestivalYour Guide to Fun!

Tax Rate Info

 

Highland Village Tax Rate Summary

 

FY 06/07

FY 07/08

Total Assessed Value

$1,328,414,897

$1,478,574,809

Total Tax Rate

.56963

.56963

Total Tax Levy

7,567,183

8,422,544

 

 

 

Debt Obligations

1,605,345

1,902,461

  Debt Service (I&S)

.12084

.12866

General Fund

5,961,838

6,520,093

  General Fund (O&M)

.44879

.44097

 

 

 

Tax Rate Ratio

  I&S

21%

23%

  O&M

79%

77%

Area Combined Tax Rate

Lewisville ISD

$ 1.37

Highland Village

     .56963

Denton County

     .23589

Total

$ 2.17552

Sales Tax

State of Texas (Per $1.00)$ .0625
Highland Village       .01
Highland Village (4B) *      .005
Denton County Transportation Authority (DCTA)      .005

Total Sales Tax

   $   .0825

 

*Voters approved a 4B election in which a 1/2 cent sales tax increase was assessed effective   April 1, 2005.