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 22-23 Budget
FY 21-22 Budget

4.  Proposed Budget

FY 23-24 Proposed Budget

5.  Change from prior year’s budget:

Proposed budget for FY 23-24 is $2,854,797 higher than the previous FY 22-23 budget by approximately 18.8%.

6.  Property tax revenue budgeted for maintenance and operations:

21-22                     $2,835,032
22-23                     $3,511,440
23-24                     $3,845,109 (proposed)

7.  Property tax revenue budgeted for debt service:

21-22                     $1,439,715
22-23                     $1,192,849
23-24                     $1,355,483 (proposed)

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

21-22                     $.185743
22-22                     $.195821

9.   Tax Rate adopted for Debt Service:

21-22                     $.102654
22-23                     $.072195

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

23-24                    $.185402

11.   Proposed tax Rate for Debt Service:

23-24                    $.071356

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

FY21-22              Comprehensive Audit Report