Residents may weigh in on the proposed tax rate in Flower Mound on Sept. 18.

Town Council will hold a public hearing on the proposed property tax rate at the 6 p.m. council meeting at Town Hall, 2121 Cross Timbers Road, on Sept. 18.

The background

Council will consider adopting the proposed tax rate and budget at the meeting.

The details

The proposed budget includes decreasing the property tax rate to $0.3873 per $100 valuation from FY 2022-23’s $0.405. The general fund in the proposed budget revenue is $92.6 million. Expenditures are estimated to total $88.1 million.

After council approval, the budget and tax rate will go into effect Oct. 1.