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 23-24 Budget
FY 22-23 Budget

4.  Proposed Budget

FY 24-25 Proposed Budget

5.  Change from prior year’s budget:

Proposed budget for FY 24-25 is $386,630 lower than the previous FY 23-24 budget by approximately 2.04%.

6.  Property tax revenue budgeted for maintenance and operations:

22-23                     $3,511,440

23-24                     $3,845,109

24-25                     $4,252,605 (proposed)

7.  Property tax revenue budgeted for debt service:

22-23                     $1,192,849
23-24                     $1,355,483
24-25                     $1,152,879 (proposed)

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

22-23                     $.195821
23-24                     $.185402

9.   Tax Rate adopted for Debt Service:

22-23                     $.072195
23-24                     $.071356

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

24-25                    $.184805

11.   Proposed Tax Rate for Debt Service:

24-25                    $.054246

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

FY22-23              Comprehensive Audit Report