Additional Sales Tax Comparisons
Sales Tax Collection
- Maximum combined sales tax rate in the State of Texas is 8.25 percent
- State of Texas levies a sales tax of 6.25 percent
- Municipalities may levy a sales tax of 1.0 percent for general fund and up to an additional 1.0 percent for dedicated purposes
- Flower Mound's current rate is 8.25 percent
- If all three dedicated sales taxes are reauthorized, the sales tax rate in Flower Mound will remain 8.25 percent
Total Tax-Supported Debt
-
2007 - $86,885,000
2008 - $84,995,000
2009 - $84,475,000
2010 - $83,480,000
2011 - $78,490,000
Resident/Non-Resident Sales Tax Comparison
Recent independent study by Impact DataSource, dated July 6, 2011, estimated that of the $13,381,422 in sales tax collections for Flower Mound in 2010, 43.7 percent was collected from Flower Mound residents, and 56.3 percent was collected from non-residents.
Recent independent study by Impact DataSource, dated July 6, 2011, estimated that of the $13,381,422 in sales tax collections for Flower Mound in 2010, 43.7 percent was collected from Flower Mound residents, and 56.3 percent was collected from non-residents.
| Estimated Sales Tax Collections from Sales to Local Residents and to Non-Residents during 2010 | |
|---|---|
| Total sales taxes collected during 2010 by the Town of Flower Mound | $13,381,422 |
| Estimated sales tax collections from sales to non-residents (56.3% of total collections) | $7,534,875 |
| Estimated sales tax collections from sales to Flower Mound residents (43.7% of total collections) | $5,846,547 |
City by City Tax Rate Comparison
*Called election for Crime District tax of 0.125% and Fire District tax of 0.125% on November 8, 2011