Current information on property taxes, sales and use taxes, TC MUD 1 taxes, County and NISD taxes:
Property Tax: Property taxes are the largest revenue source in the General Fund. The Fiscal Year 2022 adopted tax rate is $0.445. The property tax rate is comprised of two components. The first is the operations and maintenance component that is used to calculate revenue for the Town’s General Fund operations. The second component is the debt portion that is used to calculate revenue to pay the Town’s general debt service obligations.