Tax Code Section 26.18 Requirements

Per Tax Code Section 26.18 requirements, the following tax rate and budget information is available.

1.  The City Council of the City of Lucas consists of 7 members including the Mayor.

2.  Contact Information:

Mailing address:    City of Lucas
665 Country Club Road
Lucas, Texas 75002

website address: www.lucastexas.us

Telephone number: 972-727-8999

3.  Budget Information 

FY 19-20 Budget
FY 18-19 Budget

4.  Proposed Budget

FY 20-21 Proposed Budget

5.  Change from prior year’s budget:

Proposed budget for FY 20-21 is $441,913 lower than previous FY 19-20 budget by approximately 3.3%.

6.  Property tax revenue budgeted for maintenance and operations:

18-19                     $2,562,755
19-20                     $2,534,275
20-21                     $2,644,263 (proposed)

7.  Property tax revenue budgeted for debt service:

18-19                     $1,282,806
19-20                     $1,499,103
20-21                     $1,406,783 (proposed)

8.  Tax Rate adopted for Maintenance & Operations (M&O):

18-19                     $.202346
19-20                     $.184515

9.   Tax Rate adopted for Debt Service:

18-19                     $.100870
19-20                     $.118701

10.  Proposed tax Rate for Maintenance & Operations (M&O):

20-21                     $.190846

11.   Proposed tax Rate for Debt Service:

20-21                     $.108949

12.  Most recent financial audit – Comprehensive Annual Financial Report:

18-19