Proposed property tax rate announced for Denton County

City of Sanger to conduct Public Hearing on proposed budget

Denton County commissioners were presented with a proposed $418 million budget for the 2025 fiscal year at a recent meeting.

The proposed budget has a proposed tax rate that is a fraction of a cent lower than the current rate.

Commissioners will vote on the budget in September and will hold three budget workshops. The county’s fiscal year begins in October.

Proposed tax rate

Moreno recommended a proposed property tax rate of 18.8006 cents per $100 property valuation, a reduction from the current rate of 18.9485 cents.

That’s a decrease of about 0.15 of a penny. Under the proposed rate, the owner of a home valued at $300,000 would pay $564.02 on the Denton County portion of their tax bill — $4.44 less than under the current property tax rate.

Moreno told the commissioners that Denton County’s property tax rate last year was the seventh-lowest among the 254 counties in the state. Denton County is again expected to have its lowest tax rate since 1986.

The Sanger City Council will conduct a Public Hearing on Monday, August 12, 2024, at 6:00 p.m. in the Historic Church Building, 403 N 7th Street, Sanger, Texas.

The purpose of the Public Hearing is to hear citizens opinions in favor of or in opposition to the City of Sanger’s proposed 2024-2025 fiscal year budget.

This budget will raise more total property taxes than last year’s budget by $761,499 (9%), and of that amount, $468,968 is tax revenue to be raised from new property added to the tax roll this year. These amounts are preliminary estimates and are subject to change as the Tax Assessor/Collector s office completes rate calculations.