Tax Information
The City of Lucas imposes a 2.0% sales tax on top of the 6.25% state sales tax for a total sales tax of 8.25%. The state caps the total combined local and state sales tax at 8.25%. Taxable sales in the City of Lucas ranged from $10.8 million in 2008 to approximately $78.8 million in 2023. More information is available at the Texas Comptrollers Office.
Property Taxes
People owning property in the City of Lucas are subject to various property taxes
- City Tax
- County Tax
- School Tax
The city tax rate is set each fall and is enacted via ordinance. The rate for fiscal year 2024-2025 was enacted by Ordinance 2024-08-01005 and is set to $0.239051 cents per $100 of valuation. Property tax is composed of $0.184805 M&O (maintenance and operations) and $0.054246 I&S (interest and sinking). Property valuations are set by the Collin County Appraisal District and are collected by the Collin County Tax Assessor / Collector.