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 $961,168 or 40%, and of that amount $744,050 is tax revenue to be raised from new properties added to the tax roll this year.


Ad Valorem Tax & Debt Service Tax Revenue

FY 2018FY 2019FY 2020FY 2021
General Fund
$842,210$939,707$1,475,462$1,666,794
Debt Service Fund
$556,937$779,229$901,111$1,670,947
Total Revenue:
$1,399,147$1,718,936$2,376,573
$3,337,741


Municipal Tax Rate

FY 2018FY 2019FY 2020FY 2021
M&O Rate$0.177600$0.170500$0.155563$ 0.146828
I&S Rate$ 0.117400$ 0.124500$ 0.13947$ 0.148172
Total Property Tax Rate:$0.295000$0.295000$0.295000$0.295000