Taxes
Proposed Tax Rate Notices
Tax Year 2021 (Fiscal Year 2022)
The Notices below are required as part of the Truth-in-Taxation process. A Public Hearing on the Tax Rate will be held on August 23, 2021, at 6:30 PM at 200 Lakeview Parkway Red Oak Texas 75154.
Proposed Property Taxes
| Tax Year 2021 (Fiscal Year 2022) |
Tax Rate |
|---|---|
| Maintenance & Operations Rate |
0.549874 |
| Debt Rate | 0.153771 |
| Total |
0.703645 |
Sales Taxes
| Distributions |
Rate |
|---|---|
| State |
6.25% |
| City |
1.00% |
| Industrial Development Corporation |
0.50% |
| Economic Development Corporation |
0.50% |
| Total |
8.25% |