Tax Code Section 26.18 Requirements

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

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

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 (CAFR):

Finance