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 21-22 Budget
FY 20-21 Budget

4.  Proposed Budget

FY 22-23 Proposed Budget

5.  Change from prior year’s budget:

Proposed budget for FY 22-23 is $1,585,112 higher than the previous FY 21-22 budget by approximately 12%.

6.  Property tax revenue budgeted for maintenance and operations:

20-21                     $2,644,263
21-22                     $2,835,032
22-23                     $3,511,440 (proposed)

7.  Property tax revenue budgeted for debt service:

20-21                     $1,406,783
21-22                     $1,439,715
22-23                     $1,192,849 (proposed)

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

20-21                     $.190846
21-22                     $.185743

9.   Tax Rate adopted for Debt Service:

20-21                     $.108949
21-22                     $.102654

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

22-23                    $.195821

11.   Proposed tax Rate for Debt Service:

22-23                    $.072195

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

FY20-21              Comprehensive Audit Report