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FY 2020-21 Budget & Tax Information

The Finance Department is excited to announce that the FY 2020-21 budgeting process has officially started. Over the next several weeks departments will begin presenting their preliminary budgets to the Public Utilities Board (PUB) and City Council. Each of these presentations will set the framework for the City Manager’s proposed budget that will be presented to Council on August 6th during a budget workshop. Developing a city budget is a collaborative process involving input from community members, City staff, and City Council, with the goal of delivering exceptional services and achieving the City’s key priorities and strategic initiatives. Beginning in July, the City will host several workshops and a public hearing related to the adoption of a budget and tax rate for the next fiscal year. At each meeting, community members will have the opportunity to provide feedback and input directly to the City Council and City staff. In addition to public meetings, community members may submit online comments using the form below. Submissions received from this site will be reviewed by City staff and communicated to City Council as part of the budgeting process. Over the next couple of months, staff will also be promoting the online submission option to encourage participation from the community.

 
Fill out online form.
 

Public notices

  • Notice of Meeting to Vote on Tax Rate

    Statements required in notice if the proposed tax rate does not exceed the lower of the no-new-revenue tax rate or the voter-approval tax rate, as prescribed by Tax Code §26.061.

    NOTICE OF MEETING TO VOTE ON TAX RATE

    A tax rate of $0.615454 per $100 valuation has been proposed by the governing body of CITY OF DENTON.

    PROPOSED TAX RATE: $0.615454 per $100
    NO-NEW-REVENUE TAX RATE: $0.616399 per $100
    VOTER-APPROVAL TAX RATE: $0.635860 per $100


    The no-new-revenue tax rate is the tax rate for the 2020 tax year that will raise the same amount of property tax revenue for CITY OF DENTON from the same properties in both the 2019 tax year and the 2020 tax year.

    The voter-approval rate is the highest tax rate that CITY OF DENTON may adopt without holding an election to seek voter approval of the rate.

    The proposed tax rate is not greater than the no-new-revenue tax rate. This means that CITY OF DENTON is not proposing to increase property taxes for the 2020 tax year.

    A PUBLIC MEETING ON THE PROPOSED TAX RATE WILL BE HELD ON Tuesday, September 15, 2020, at 6:30 p.m. at 215 E. McKinney Street Denton, TX 76201. A PUBLIC MEETING TO VOTE ON THE PROPOSED TAX RATE WILL BE HELD ON Tuesday, September 22, 2020, at 6:30 p.m. at 215 E. McKinney Street Denton, TX 76201.

    The proposed tax rate is also not greater than the voter-approval tax rate. As a result, CITY OF DENTON is not required to hold an election to seek voter approval of the rate. However, you may express your support for or opposition to the proposed tax rate by contacting Denton City Council of CITY OF DENTON at their offices or by attending the public meetings mentioned above. Due to COVID-19 precautions, members of the public will not be able to attend the meetings mentioned above in-person. Members of the public will be able to participate in the meetings by calling (940) 349-7800 the day of the meetings beginning at 6:00 p.m. or by submitting a virtual white card pursuant to the process outlined at https://www.cityofdenton.com/en-us/government/open/agendas-minutes.


    YOUR TAXES OWED UNDER ANY OF THE TAX RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
    Property tax amount = ( tax rate ) x ( taxable value of your property ) / 100

  • Notice of Public Hearing on Budget
    NOTICE OF PUBLIC HEARING ON BUDGET

    The City Council for the City of Denton, Texas, will hold a public hearing on the Fiscal Year 2020- 21 Annual Program of Services (“Budget”), on Tuesday, September 15, 2020 at 6:30 p.m. at City Hall, located at 215 East McKinney Street in Denton, Texas, 76201. The meeting will be held for the purpose of receiving community input on the Budget.

    THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR’S BUDGET BY $5,820,578 OR 7.77% AND OF THAT AMOUNT $3,036,027 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.

    Due to COVID-19 precautions, members of the public will not be able to attend the public hearing in-person. Members of the public will be able to participate in the public hearing by submitting a virtual white card beginning Friday, September 11, or calling (940) 349-7800 the day of the meeting beginning at 6:00 p.m. pursuant to the process outlined at https://www.cityofdenton.com/en-us/government/open/agendas-minutes.

Budget Meetings

Below is a schedule of upcoming budget meetings with the City Council. Citizens are encouraged to watch and participate in these meetings as we work to adopt the 2020 tax rate and FY 2020-21 operating and capital budget.
 
  • Budget Meetings & Presentations
    July 28, 2020 - Department Presentations
    • Materials Management
    • Health Fund
    • Risk Fund
    • Public Affairs/Cable TV
    • Municipal Court
    • Human Resources
    • Fleet
    • Fire
    July 30, 2020 - Department Presentations
    • Engineering
    • Streets
    • Parks and Recreation
    • Community Services
    • Libraries
    • Economic Development
    • Development Services
    • Water
    • Wastewater
    • Solid Waste
    • Electric
    August 3, 2020 - Department Presentations
    • Police
    August 4, 2020 - Department Presentations
    • Animal Services
    • Facilities
    • Airport
    • Customer Service
    • Legal
    • Technology Services
    • Public Safety Communications
    August 6, 2020 September 15, 2020
    • Public Hearing, Tax Rate, Budget
    September 22, 2020
    • Tax Rate and Budget Adoption

Tax Information

Taxing Unit’s budget for the preceding 2 years

The change in the amount of the taxing unit’s budget from the preceding year to the current year:
FY 19-20 $1,233,556,997
FY 20-21 $1,345,821,414
Dollar Change $112,264,417
% Change 9.10%

The amount of property tax revenue budgeted for maintenance & operation:
FY 18-19 $45,674,373
FY 19-20 $47,996,976
FY 20-21 $47,701,547

The amount of property tax revenue budgeted for debt service:
FY 18-19 $24,293,126
FY 19-20 $25,543,391
FY 20-21 $27,153,185

The tax rate for maintenance and operations adopted by the taxing unit for the preceding two years:
FY 18-19 $0.405432
FY 19-20 $0.385364

The tax rate for debt service adopted by the taxing unit for the preceding two years:
FY 18-19 $0.215045
FY 19-20 $0.205090

The tax rate for maintenance and operations proposed by the taxing unit for the current year:
FY 20-21 $0.405364

The tax rate for debt service proposed by the taxing unit for the current year:
FY 20-21 $0.210090

 

Most recent financial audit of the taxing unit
Fiscal Year 2018-19 Comprehensive Annual Report

 
THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR’S BUDGET BY $5,820,578 OR 7.77% AND OF THAT AMOUNT $3,036,027 IS TAX REVENUE TO BE RAISED FROM NEW PROPERTY ADDED TO THE TAX ROLL THIS YEAR.

In accordance with Section 140.0045 of the Local Government Code, which requires the itemization of certain expenditures by a political subdivision, the City of Denton is expected to expend for fiscal year 2020 and has budgeted for fiscal year 2021 the following amounts:
  • Notices required by law to be published in a newspaper (i.e. public hearing expense) $127,079 and $113,429, respectively.
  • Legislative cost $188,100 and $175,000, respectively.