Property Tax

Proposed Tax Rate for the Fiscal Year Ending September 30, 2020

The City of Denison is required to provide notice of proposed property tax rate according to Chapter 140 of the Local Government Code.

Effective Tax Rate and Rollback Rate

The effective tax rate is the total tax rate needed to raise the same amount of property tax revenue from the same properties in both the preceding tax year and the current tax year.  The rollback tax rate is the highest tax rate that the City may adopt before voters are entitled to petition for an election to limit the rate that may be approved to the rollback rate.