BUDGET | TAXES | FISCAL TRANSPARENCY

Tax Information

Proposed FY 22-23 Budget & Presentation

A copy of the proposed FY 22-23 Budget  here.

A presentation of the proposed budget highlights and overview can be found here.

Current Budget Info

Notice: These rates were approved during the regular scheduled city council meeting on August 15, 2022.

Budget Tax Rate Web Button Cover NOTICE ABOUT 2022 PROPERTY TAX RATES

This notice concerns the 2022 property tax rates for CITY OF LAKE JACKSON. This notice provides information about two tax rates used in adopting the current tax year's tax rate. The no-new-revenue tax rate would Impose the same amount of taxes as last year if you compare properties taxed in both years. In most cases, the voter-approval tax rate is the highest tax rate a taxing unit can adopt without holding an election. In each case, these rates are calculated by dividing the total amount of taxes by the current taxable value with adjustments as required by state law. The rates are given per $100 of property value
 
This year's no-new-revenue tax rate $0.310459/$100
This year's voter-approval tax rate $0.326457/$100

 
To see the full calculations, please visit https://www.brazoriacountytx.gov/departments/tax-office for a copy of the Tax Rate Calculation Worksheet.

For information about unencumbered fund balances and current year debt service, download this notice.

Comptroller Fiscal Transparency

The state requires us, your local government, to provide you with a direct link to our 380 economy development agreements

You can also access information about the state of our fiscal health through the Comptroller's Fiscal Transparency Program.


SB2 Compliance

Portion of tax rate dedicated for M&O & portion of tax rate dedicated to Debt Service


General FundGeneral Debt Service FundTotal
2019-20200.2301690.1180310.3482
2020-20210.2193010.1096760.328977
2021-20220.2317820.1072180.339
2022-2023
0.224761
0.98360
0.323121