Denton County’s adopted fiscal year 2019-20 budget includes the lowest tax rate the county has levied since 1986.
The Denton County Commissioners Court adopted a $321.5 million budget with a tax rate of $0.225278 per $100 valuation, which is $0.000296 less than the FY 2018-19 tax rate.
The county is still projected to receive nearly $24 million more in property tax revenue with the lower tax rate than the previous year.
Like other Texas cities and counties, Denton County is projecting some revenue restrictions with the passage of new laws from the Texas Legislature that affect how cities and counties can collect fines and fees. The county is projecting a $2.1 million hit to its revenue because of new laws, according to the county’s adopted budget.
The county is adding nearly 30 new positions this next fiscal year that will support various offices.
Source: Community Impact Newspaper