HomeMy WebLinkAboutNotice About Tax Rates (2026)Notice About 2026 Tax Rates
Property tax rates in City of Euless, Texas.
This notice concerns the 2026 property tax rates for City of Euless, Texas. 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 $0.464586/$100
This year's voter-approval tax rate $0.470080/$100
To see the full calculations, please visit www.eulesstx.gov for a copy of the Tax Rate Calculation
Worksheet.
Unencumbered Fund Balance
The following estimated balances will be left in the taxing unit's accounts at the end of the fiscal
year. These balances are not encumbered by corresponding debt obligation.
Type of Fund Balance
G.O. Debt Service Fund 2,250,903
General Fund 21,524,641
General Emergency & Contingency Fund 1,500,000
Current Year Debt Service
The following amounts are for long-term debts that are secured by property taxes. These amounts
will be paid from upcoming property tax revenues (or additional sales tax revenues, if applicable).
Description of Debt
Principal or Contract
Payment to be Paid
from Property Taxes
Interest to be
Paid from
Property Taxes
Other Amounts
to be Paid Total Payment
TAX & WATERWORKS &
SEWER SYSTEM
(LIMITED PLEDGE)
REVENUE
CERTIFICATES OF
OBLIGATION, SERIES
2018
255,910 139,221 700 395,831
AXON ENTERPRISE, INC.
LEASE
226,895 0 700 227,595
TAX & WATERWORKS &
SEWER SYSTEM
(LIMITED PLEDGE)
REVENUE
CERTIFICATES OF
OBLIGATION, SERIES
2019
520,000 341,056 700 861,756
TAX & WATERWORKS &
SEWER SYSTEM
(LIMITED PLEDGE)
REVENUE
CERTIFICATES OF
OBLIGATION, SERIES
2020
320,000 130,900 700 451,600
TAX AND WATERWORKS
AND SEWER SYSTEM
(LIMITED PLEDGE)
REVENUE CERTIFICATE
OF OBLIGATION, SERIES
2021
235,000 97,416 700 333,116
TAX NOTES, SERIES 20221,115,000 83,304 700 1,199,004
TAX AND WATERWORKS
AND SEWER SYSTEM
(LIMITED PLEDGE)
REVENUE
CERTIFICATES OF
OBLIGATION, SERIES
2023
1,220,000 805,050 700 2,025,750
TAX & WATERWORKS &
SEWER SYSTEM
(LIMITED PLEDGE)
REVENUE
CERTIFICATES OF
OBLIGATION, SERIES
2016 (MIDTOWN
DEVELOPMENT)
640,000 355,862 4,175 1,000,037
TAX & WATERWORKS &
SEWER SYSTEM
(LIMITED PLEDGE)
REVENUE
CERTIFICATES OF
OBLIGATION, SERIES
2018
179,090 67,591 16,251 262,932
Total required for 2026 debt service $6,757,621
- Amount (if any) paid from funds listed in
unencumbered funds $0
- Amount (if any) paid from other resources $924,150
- Excess collections last year $591,245
= Total to be paid from taxes in 2026 $5,242,226
+ Amount added in anticipation that the unit will
collect only 100.00% of its taxes in 2026 $0
= Total debt levy $5,242,226
This notice contains a summary of actual no-new-revenue and voter-approval calculations as certified
by Janina Jewell, Director of Finance on 08/24/2026 .
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can
easily access information regarding your property taxes, including information about proposed tax
rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to
limit the rate of growth of property taxes in the state.