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August 29, 2019
7:00 PM - 9:00 PM
Council Chambers
212 Main Street
Lake Dallas, TX 75065
20190822 Public Hearing
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Public Hearing - Tax Rate

Thursday, August 29, 2019

NOTICE OF 2019 TAX YEAR PROPOSED PROPERTY TAX RATE FOR CITY OF LAKE DALLAS A tax rate of $0.644970 per $100 valuation has been proposed by the governing body of CITY OF LAKE DALLAS. This rate exceeds the lower of the effective or rollback tax rate, and state law requires that two public hearings be held by the governing body before adopting the proposed tax rate. The governing body of CITY OF LAKE DALLAS proposes to use revenue attributable to the tax rate increase for the purpose of funding operational and maintenance costs, including replacement of aging infrastructure. PROPOSED TAX RATE $0.644970 per $100 PRECEDING YEAR’S TAX RATE $0.661750 per $100 EFFECTIVE TAX RATE $0.605546 per $100 ROLLBACK TAX RATE $0.650778 per $100 For assistance or detailed information about tax calculations, please contact: Michelle French Denton County Tax Assessor/Collector Tax Assessor-Collector 1505 E McKinney Street Denton, TX 940-349-3500 tax.denton