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 20-21 Budget 
FY 19-20 Budget

4.  Proposed Budget

FY 21-22 Proposed Budget

5.  Change from prior year’s budget:

Proposed budget for FY 21-22 is $29,507 higher than the previous FY 20-21 budget by approximately .02%.

6.  Property tax revenue budgeted for maintenance and operations:

19-20                     $2,534,275
20-21                     $2,644,263
21-22                     $2,835,032 (proposed)

7.  Property tax revenue budgeted for debt service:

19-20                     $1,499,103
20-21                     $1,406,783
21-22                     $1,439,715 (proposed)

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

19-20                     $.184515
20-21                     $.190846

9.   Tax Rate adopted for Debt Service:

19-20                     $.118701
20-21                     $.108949

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

21-22                    $.185743

11.   Proposed tax Rate for Debt Service:

21-22                    $.102654

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

19-20