2023-045 Denton Central Appraisal District (DCAD) 2024 Budget Follow-Up Date: June 30, 2023 Report No. 2023-045
INFORMAL STAFF REPORT
TO MAYOR AND CITY COUNCIL
SUBJECT:
Denton Central Appraisal District(DCAD) 2024 Budget Follow-Up
BACKGROUND:
The Finance Department has received the revised 2024 Denton Central Appraisal District(DCAD)
Adopted Budget. A copy is attached for your review.
A public hearing on the proposed budget was held on June 15, 2023. At the close of the meeting,
the Board of Directors adopted the 2024 DCAD budget. City staff received a revised budget the
following day. Under State Law "If approved by the appraisal district board of directors at the
public hearing, this proposed budget will take effect automatically unless disapproved by a
majority of the governing bodies of the county, school districts, cities, and towns served by the
appraisal district."
The revised budget includes the same increase overall however,there is a one-time use of reserves
of$500,000 included in the revised budget which reduces the allocations of the taxing entities.
The total 2024 DCAD Budget is $20,347,801.73, an increase of$2,538,010.23 from last year's
budget of$17,809,791.50. The City of Denton's 2024 allocation was originally proposed to be
$632,265.63 but has now changed to $616,551.54 in the revised adopted budget.
STAFF CONTACT:
Cassey Ogden, Assistant City Manager/CFO
(940) 349-7195
Cassandra.O dg_enkcityofdenton.com
REOUESTOR:
Staff initiated
PARTICIPATING DEPARTMENTS:
Finance Department
STAFF TIME TO COMPLETE REPORT:
0.5 hour
SUMMARY OF 2024 REVENUES AND EXPENSES BUDGET AND
COMPARISON TO THE 2023 REVENUES AND EXPENSES BUDGET
2023 2024
CLASSIFICATION BUDGET BUDGET
REVENUES: 11 new FTE'S
FUNDING FROM JURISDICTIONS $16,785,291.50 $19,617,801.73 16.87%
DCAD DESIGNATED FUND $1,000,000.00 $500,000.00
INTEREST INCOME $12,000.00 $180,000.00
OTHER SERVICES $10,000.00 $25,000.00
MISCELLANOUS INCOME $2,500.00 $25,000.00
TOTAL REVENUES $17,809,791.50 $20,347,801.73
EXPENSES:
TOTAL BUDGETED EXPENSES $17,809,791.50 $20,347,801.73
TOTAL BUDGET $17,809,791.50 $20,347,801.73 14.25%
2023 2024 +/- +/-
YEAR YEAR CHANGE PERCENTAGE
ACCOUNTS 472,797 486,980 14,183 3.00%
BUDGET $17,809,791.50 $20,347,801.73 $2,538,010.23 14.25%
COST
PER PARCEL $37.67 $41.78 $4.11 10.92%
DENTON CAD 2024 ESTIMATED BUDGET ALLOCATIONS
Based on May 13, 2023 Values.Revised to use$500,000 from Reserves
The 2024 proposed budget allocations are estimated amounts. 2023 preliminary levies and 2022
adopted tax rates are used for calculation purposes. Please be aware that allocations will change
for each entity based on the increases/decreases to their 2023 actual levies upon certification.
%OF 2024 EST.
2023 EST. TOTAL BUDGET
JURISDICTIONS TAX LEVY LEVIES ALLOCATIONS
$ 19,617,801.73
SCHOOL DISTRICTS:
SOl ARGYLE ISD 71,699,757.57 2.0171% $395,707.72
S02 AUBREY ISD 43,204,001.78 1.2154% $238,440.93
S03 CARROLLTON-FB ISD 76,158,887.95 2.1425% $420,317.46
SO4 CELINA ISD 4,006,943.73 0.1127% $22,114.14
S05 DENTON ISD 450,885,560.50 12.6845% $2,488,417.03
S06 FRISCO ISD 236,035,197.62 6.6402% $1,302,667.59
S07 KRUM ISD 28,543,154.82 0.8030% $157,528.38
SO8 LAKE DALLAS ISD 46,436,951.15 1.3064% $256,283.43
S09 LEWISVILLE ISD 758,337,076.85 21.3338% $4,185,228.04
S10 LITTLE ELM ISD 110,468,252.58 3.1077% $609,669.29
S11 NORTHWEST ISD 282,543,841.97 7.9486% $1,559,346.69
S12 PILOT POINT ISD 15,414,991.24 0.4337% $85,074.64
S13 PONDER ISD 20,190,831.73 0.5680% $111,432.29
S14 SANGER ISD 33,776,050.37 0.9502% $186,408.50
S15 ERA ISD 1,488.27 0.0000% $8.21
S16 SLIDELL ISD 91,677.93 0.0026% $505.97
S17 PROSPERISD 57,241,094.95 1.6103% $315,911.02
SCHOOL DISTRICTS TOTALS 2,235,035,761.01 62.8769% $12,335,061.33
GO1 DENTON COUNTY 386,693,726.03 10.8786% $2,134,145.19
%OF 2024 EST.
2023 EST. TOTAL BUDGET
JURISDICTIONS TAX LEVY LEVIES ALLOCATIONS
$ 19,617,801.73
CITIES:
C26 TOWN OF ARGYLE 5,240,477.86 0.1474% $28,921.96
COl CITY OF AUBREY 4,703,943.18 0.1323% $25,960.85
C31 TOWN OF BARTONVILLE 1,044,790.17 0.0294% $5,766.15
CO2 CITY OF CARROLLTON 73,737,752.60 2.0744% $406,955.32
C49 CITY OF CELINA 6,318,449.52 0.1778% $34,871.24
CO3 CITY OF THE COLONY 51,386,830.53 1.4456% $283,601.59
C21 TOWN OF COPPELL 1,335,732.17 0.0376% $7,371.85
C27 TOWN OF COPPER CANYON 1,353,436.56 0.0381% $7,469.56
C04 CITY OF CORINTH 18,982,552.82 0.5340% $104,763.85
C20 CITY OF DALLAS 22,456,824.72 0.6318% $123,938.20
C05 CITY OF DENTON 111,715,273.29 3.1428% $616,551.54
C42 TOWN OF DISH 210,990.69 0.0059% $1,164.45
C30 TOWN OF DOUBLE OAK 1,408,037.97 0.0396% $7,770.90
C47 TOWN OF CORRAL CITY 22,197.34 0.0006% $122.51
C07 TOWN OF FLOWER MOUND 69,349,301.78 1.9510% $382,735.66
C36 CITY OF FORT WORTH 51,321,032.31 1.4438% $283,238.46
C32 CITY OF FRISCO 86,578,822.45 2.4357% $477,824.61
C39 CITY OF GRAPEVINE 447.87 0.0000% $2.47
C22 TOWN OFHACKBERRY 285,170.12 0.0080% $1,573.84
C38 CITY OF HASLET 4,590.02 0.0001% $25.33
C19 TOWN OF HICKORY CREEK 3,029,996.93 0.0852% $16,722.42
C08 CITY OF HIGHLAND VILLAGE 18,072,194.46 0.5084% $99,739.62
C09 CITY OF JUSTIN 6,405,796.58 0.1802% $35,353.30
C18 CITY OF KRUGERVILLE 1,253,093.38 0.0353% $6,915.77
C10 CITY OF KRUM 5,255,764.59 0.1479% $29,006.33
C11 CITY OF LAKE DALLAS 4,718,398.21 0.1327% $26,040.63
C25 CITY OF LAKEWOOD VILLAGE 887,456.75 0.0250% $4,897.83
C12 CITY OF LEWISVILLE 105,594,232.38 2.9706% $582,769.79
C13 TOWN OF LITTLE ELM 50,281,246.47 1.4145% $277,499.93
C45 CITY OF NEW FAIRVIEW 73,824.53 0.0021% $407.43
C33 TOWN OF NORTHLAKE 10,054,016.45 0.2828% $55,487.66
C24 CITY OF OAK POINT 4,041,222.67 0.1137% $22,303.33
C14 CITY OF PILOT POINT 4,304,312.47 0.1211% $23,755.31
C29 CITY OF PLANO 6,419,014.43 0.1806% $35,426.25
C15 TOWN OF PONDER 2,373,868.93 0.0668% $13,101.28
C48 CITY OF PROSPER 13,078,353.47 0.3679% $72,178.84
C51 TOWN OF PROVIDENCE VILLAGE 6,763,231.83 0.1903% $37,325.97
C17 CITY OF ROANOKE 15,144,792.15 0.4261% $83,583.42
C16 CITY OF SANGER 8,584,259.42 0.2415% $47,376.14
C34 TOWN OF SHADY SHORES 1,675,361.45 0.0471% $9,246.24
C37 CITY OF SOUTHLAKE 835,427.11 0.0235% $4,610.68
C28 CITY OF TROPHY CLUB 10,637,971.30 0.2993% $58,710.48
C44 CITY OF WESTLAKE 181,651.21 0.0051% $1,002.52
CITIES TOTALS 787,122,141.14 22.1436% $4,344,091.51
%OF 2024 EST.
2023 EST. TOTAL BUDGET
JURISDICTIONS TAX LEVY LEVIES ALLOCATIONS
$ 19,617,801.73
SPECIAL DISTRICTS:
ESD1 DENTON CO EMER SER DIST 8,092,731.32 0.2277% $44,663.42
ESD2 TROPHY CLUB PID#1 EM SER 582,586.65 0.0164% $3,215.27
W04 CLEARCREEK WATERSHED AUTH 480,939.98 0.0135% $2,654.29
L01 DEN CO LEVY IMPR DIST#1 1,688,181.29 0.0475% $9,317.00
MMD1 HIGHWAY 380 MUN MAN DIST 6,298,177.43 0.1772% $34,759.36
MMD3 NORTHLAKE MUN.MAN.DIST.#1 5,029,309.08 0.1415% $27,756.53
MMD4 NORTHLAKE MUN.MAN.DIST.#2 1,631,213.23 0.0459% $9,002.59
PID7 NORTHLAKE PID NO 1 2,493,016.90 0.0701% $13,758.85
W03 TROPHY CLUB MUD#1 1,759,778.94 0.0495% $9,712.14
W13 DCFWSD#6 8,533,974.13 0.2401% $47,098.62
W17 ELM RIDGE WCID OF DENTON CO 24,576,748.15 0.6914% $135,637.96
W18 DCFWSD#8A 3,103,756.49 0.0873% $17,129.49
W19 DCFWSD#8B 1,955,527.65 0.0550% $10,792.47
W20 DCFWSD#11A 6,004,282.86 0.1689% $33,137.37
W21 DCFWSD#7 9,400,033.02 0.2644% $51,878.36
W22 DENTON CO MUD#4 1,800,913.02 0.0507% $9,939.16
W23 DENTON CO MUD#5 1,681,934.58 0.0473% $9,282.52
W24 FRISCO WEST WCID 5,744,748.93 0.1616% $31,705.01
W25 DCFWSD#11B 4,462,325.62 0.1255% $24,627.37
W26 DCFWSD#4A 949,992.42 0.0267% $5,242.97
W27 OAK POINT WATER CONT.#1 847,792.28 0.0239% $4,678.93
W28 OAK POINT WATER CONT.#2 569,446.90 0.0160% $3,142.75
W29 OAK POINT WATER CONT.#3 825,848.35 0.0232% $4,557.82
W30 SMILEY RD WCID#1 2,025,026.33 0.0570% $11,176.03
W32 DCFWSD#11C 1,770,424.12 0.0498% $9,770.89
W33 NORTH FT WORTH WCID NO 1 190,873.72 0.0054% $1,053.42
W37 BROOKFIELD WCID 1,540,034.19 0.0433% $8,499.38
W38 ALPHA RANCH FWSD NO 1 1,030,277.00 0.0290% $5,686.05
W39 BELMONT FWSD NO 1 10,323,821.22 0.2904% $56,976.70
W41 THE LAKES FWSD 9,461,601.57 0.2662% $52,218.15
W42 CANYON FALLS WCID#2 3,436,209.71 0.0967% $18,964.29
W43 OAK POINT WATER CONT.#4 1,542,678.99 0.0434% $8,513.98
W44 CANYON FALLS MUD NO 1 1,909,096.55 0.0537% $10,536.22
W45 BELMONT FWSD NO 2 2,628,154.78 0.0739% $14,504.67
W47 DENTON CO MUD#6 6,236,819.76 0.1755% $34,420.73
W48 FAR NORTH FT WORTH MUD NO 1 0.00 0.0000% $0.00
W49 DENTON CO MUD#9 811,369.90 0.0228% $4,477.91
W54 DENTON CO MUD#10 0.00 0.0000% $0.00
W55 BIG SKY MUD 1,238,341.76 0.0348% $6,834.35
W57 DENTON CO MUD NO 8 1,000,044.05 0.0281% $5,519.20
W59 TRADITION MUD DENTON CO NO 2B 1,936,678.52 0.0545% $10,688.44
W66 TALLEY RANCH WCID NO 1 23,328.07 0.0007% $128.75
W67 PRAIRIE OAKS MUD OF DENTON CO 151,578.91 0.0043% $836.56
W68 DENTON CO MUD NO 16 1,407.00 0.0000% $7.77
SPECIAL DISTRICTS TOTALS 145,771,025.37 4.1009% $804,503.74
GRAND TOTALS 3,554,622,653.55 100.0000% $19,617,801.73