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Texas property tax rate reductions

Overview

In late September 2026, Denton County and local school districts in Texas implemented budget decisions resulting in lower property tax rates for the 2026-2027 fiscal year.

Denton County adopted a $495.1 million budget with a property tax rate of $0.183394 per $100 of taxable property value, marking its lowest rate since 1986. The budget allocates funds toward public safety, judicial services, technology, and payroll to support a population exceeding 1.1 million residents.

Concurrently, Denton ISD and Dripping Springs ISD approved reduced tax rates. Denton ISD set its rate at $1.1528 per $100 of taxable property value, a reduction of over five cents from the previous year, which is expected to save a typical homeowner approximately $345. Dripping Springs ISD set its rate at $1.0985, following updated property value certifications. Both districts indicated that the adjusted rates would support teacher salary increases and district programming.

Entities

Denton ISD · Texas Education Agency · Denton County · Dripping Springs ISD · Dakota County

Timeline

  1. [BUSINESS] 2 sources
    Texas school districts approve lower property tax rates

    Texas school districts Denton ISD and Dripping Springs ISD have approved lower property tax rates for the 2026-2027 fiscal year due to state funding adjustments and certified property values.

  2. [BUSINESS] 3 sources
    Denton County adopts budget with lowest tax rate since 1986

    Denton County has approved a $495.1 million budget for Fiscal Year 2026-2027, implementing its lowest property tax rate since 1986 while prioritizing public safety and judicial funding.

Sources

crosstimbersgazette.com · haysfreepress.com · kstp.com · wrfalp.com