File #: 25-4163    Version: 1 Name:
Type: Agenda Item Status: Consent Agenda
File created: 7/7/2025 In control: City Council
On agenda: 7/21/2025 Final action:
Title: Approval of Agreements for Ad Valorem Tax and Assessment Billing and Collection Services Between the City of Lewisville and Denton County for Fiscal Year 2026; and Authorization for the City Manager, or Her Designee, to Execute the Agreements.
Attachments: 1. Staff Memo - Denton County ILA - 2025, 2. C12 CITY OF LEWISVILLE, 3. PID20 JOSEY LANE PID, 4. PID84 LAKESIDE CROSSING PID
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title

Approval of Agreements for Ad Valorem Tax and Assessment Billing and Collection Services Between the City of Lewisville and Denton County for Fiscal Year 2026; and Authorization for the City Manager, or Her Designee, to Execute the Agreements.

 

request

ADMINISTRATIVE COMMENTS:

 

The City began utilizing the Assessor’s services for ad valorem tax collection in Fiscal Year 1998, recognizing the cost-effectiveness compared to in-house processing. The Josey Lane PID assessments were added in 2016, followed by the Lakeside Crossing PID in 2025. Due to an increase in the per-parcel fee, updated agreements are now necessary. These agreements include provisions for automatic annual renewal unless explicitly terminated by either party. The contract rates for the new agreements have increased from the prior year due to rising service delivery costs. This marks the first rate adjustment since 2018, with the rate increasing from $1.00 to $1.41 per parcel. Budget allocations for these services have been proposed in the Finance Department’s General Fund and the Josey Lane PID Administration Fund for Fiscal Year 2026. Costs associated with Lakeside Crossing are funded through an administrative trust account established at the time the Lakeside Crossing bonds were issued.

 

RECOMMENDATION:

 

That the City Council approve the agreements and authorize the City Manager, or her designee, to execute the agreements as set forth in the caption above.