Taxes

Tax Information

Assessed Values 

TypeFY 2021 - 2022FY 2022-2023FY 2023-2024
Total Assessed Value$2,528,118,203$2,790,156,957$3,187,866,666


Tax Rate

TypeFY 2021 - 2022FY 2022 - 2023FY 2023-2024
Debt Service (I&S)0.0803850.0750330.067713
General Fund (O&M)0.4826350.47179200.433681
Total Tax Rate0.563020.5468250.501394


Tax Levy

TypeFY 2021 - 2022   FY 2022 - 2023FY 2023-2024
General Fund$12,201,572$13,163,726$13,825,270
Debt Obligations$2,032,239$2,093,550$2,158,634
Total Tax Levy$14,233,811$15,257,276$15,983,904


Area Combined Tax Rate

TypeFY 2021 - 2022 FY 2022 - 2023FY 2023-2024
Lewisville ISD$1.3085 $1.23680$1.1301
Highland Village$0.56302 $0.546825$0.501394
Denton County$0.2331
 $0.21750$0.189485
Total Area Combined Tax Rate $2.10462 $2.0011$1.820979


Sales Tax Rate (8.25%)

TypeFY 2021 - 2022 FY 2022- 2023FY 2023-2024
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.