City Revenue Sources

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General Fund Revenue Sources

In any one year, the City of Lewisville receives approximately $20 million dollars from property taxes.  Property Tax makes up approximately 1/3 of the revenue in the City’s General Fund budget.  The remaining dollars are made up of sales tax (approximately 1/3) and franchise fees and other taxes, fines, recreation fees, licenses and permits, and miscellaneous charges for services (approximately 1/3).

City Revenue Sources1 

To gain a perspective on what can be funded using the $20 million dollars in property taxes annually, following is a breakdown of normal expenses in any given fiscal year in the City’s General Fund.

 City Revenue Sources 2 

As you can see from the above list, $20 million dollars in property taxes barely funds police services. It takes property tax plus all of the other sources of revenue to fully fund the services provided by the City.