Taxes
Tax Information
Assessed Values
| Type | FY 2021 - 2022 | FY 2022-2023 | FY 2023-2024 |
|---|---|---|---|
| Total Assessed Value | $2,528,118,203 | $2,790,156,957 | $3,187,866,666 |
Tax Rate
| Type | FY 2021 - 2022 | FY 2022 - 2023 | FY 2023-2024 |
|---|---|---|---|
| Debt Service (I&S) | 0.080385 | 0.075033 | 0.067713 |
| General Fund (O&M) | 0.482635 | 0.4717920 | 0.433681 |
| Total Tax Rate | 0.56302 | 0.546825 | 0.501394 |
Tax Levy
| Type | FY 2021 - 2022 | FY 2022 - 2023 | FY 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
| Type | FY 2021 - 2022 | FY 2022 - 2023 | FY 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%)
| Type | FY 2021 - 2022 | FY 2022- 2023 | FY 2023-2024 |
|---|---|---|---|
| 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.