There's a significant city council meeting on the horizon, slated for next Monday, Sept. 15, and we expect a lively public hearing on the city's property tax rate. This isn't just any meeting, during the regularly scheduled City Council rendezvous, held at the Council Chambers of Lewisville City Hall, 151 W. Church Street, the powers that be will deliberate a proposed $142 million General Fund operating budget that notably includes a cut in property tax rates to .419009 per $100 valuation, a figure that hasn't been seen in over thirty years.
Alongside this potential boon for property owners, utility rates are looking at a 7.4 percent hike. This tax cut doesn't come from nowhere; it carves out a stark contrast, keeping Lewisville's rate amongst the most competitive in North Texas. Got a question about where the chips fall in this budget? Budget Manager Ashley Carlisle is the go-to for answers at 972.219.3411, as noted in a recent statement by the City of Lewisville.
The proposed budget document is currently up for public scrutiny. You can find it on the Annual Budget page at the city's official website, or for those who prefer the weight of paper, copies are available at the City Secretary’s Office and the Lewisville Public Library during regular hours. This is your chance to get up close and personal with the general fiscal direction of your city before the gavel swings.
