Truth in Taxation

Town of Northlake Tax Rate and Budget Transparency Information

The following information is provided publicly as required by the Texas Property Tax Code Section 26.18. For more information, please contact the Town of Northlake Finance Department at (940) 648-3290.

Contact Town Council

Town of Northlake Budget

Town of Northlake Annual Financial Report

Tax Rate Calculation


This tax rate will raise more total property taxes than last year’s budget

by $858,221 or 24%, and of that amount $710,949 is tax revenue to

be raised from new properties added to the tax roll this year.


Ad Valorem Tax & Debt Service Tax Revenue


FY 2019FY 2020FY 2021FY 2022
General Fund
$939,707$1,475,462$1,666,794$ 2,331,493
Debt Service Fund
$779,229$901,111$1,670,947$ 1,787,929
Total Revenue:
$1,718,936$2,376,573
$3,337,741
$ 4,119,422


Municipal Tax Rate


FY 2019FY 2020FY 2021FY 2021
M&O Rate$0.170500$0.155563$ 0.146828$ 0.166687
I&S Rate$ 0.124500$ 0.13947$ 0.148172$ 0.128313
Total Property Tax Rate:$0.295000$0.295000$0.295000$ 0.295000