THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR'S BUDGET BY $1,589,682 OR 7.32%, AND OF THAT AMOUNT, $128,488 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.
A Public Hearing for the FY 2023-2024 Budget will be held on September 5, 2023, at the regular Council Meeting, beginning at 7:00 PM.
A tax rate of $0.646034 per $100 valuation has been proposed by the governing body of City of Duncanville.
| PROPOSED TAX RATE |
$0.646034 per $100 |
| NO-NEW-REVENUE TAX RATE |
$0.601654 per $100
|
| VOTER-APPROVAL TAX RATE |
$0.646157 per $100 |
On August 10, 2023, at the Council Budget Workshop, a record vote was cast to establish the maximum tax rate to be considered, per statutory requirements of the Texas Tax Code. The maximum tax rate is the Voter-Approval Tax Rate. The FY 2023-2024 Proposed Budget is built on the Proposed Tax Rate above.
| FOR the proposal: |
Barry L. Gordon
Joe Veracruz
Don McBurnett |
Jeremy Koontz
Karen Cherry
Greg Contreras |
| AGAINST the proposal: |
|
|
| PRESENT and not voting: |
DeMonica Gooden |
|
| ABSENT: |
|
|
A Public Hearing for the 2023 Proposed Tax Rate will be held on September 19, 2023, at the regular Council Meeting, beginning at 7:00 PM.
The following table compares the taxes imposed on the average residence homestead by City of Duncanville last year to the taxes proposed to be imposed on the average residence homestead by City of Duncanville this year.
|
2022 |
2023 |
Change |
| Total tax rate (per $100 of value) |
$0.650460 |
$0.646034 |
decrease of -0.004426, or -0.68% |
| Average homestead taxable value |
$206,208 |
$222,690 |
increase of 16,482, or 7.99% |
| Tax on average homestead |
$1,341.30 |
$1,438.65 |
increase of 97.35, or 7.26% |
| Total tax levy on all properties |
$21,708,123 |
$23,297,805 |
increase of 1,589,682, or 7.32% |
Tax Rate and Budget Information