Denton County finalizes adoption of new, lower tax rate in September

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The Commissioners Court adopted the new, lower tax rate of $0.237812 per $100 valuation for fiscal year 2017-18. The FY 2016-17 tax rate was $0.248409 per $100 valuation.

This new tax rate will generate approximately $204.4 million and provide funds for the increase for debt service payments for voter-approved road and facility projects.

In addition the funds generated from new property added to the tax roll, which amounts to $8,675,101, will be used to help fund employee-related costs and operating expenses.

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Sherelle Black

Sherelle joined Community Impact Newspaper in July 2014 as a reporter for the Grapevine/Colleyville/Southlake edition. She was promoted in 2015 to editor of the GCS edition. In August 2017, Sherelle became the editor of the Lewisville/Flower Mound/Highland Village edition. Sherelle covers transportation, economic development, education and features.

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