News & Announcements

Little Elm News Flash

Posted on: September 20, 2018

The Town of Little Elm adopts FY19 Budget and Tax Rate

Budget Planning

The development of the Town of Little Elm Fiscal Year 2019 -2023 budget came with a tremendous number of challenges, but also outstanding opportunity as the Town is still one of the fastest growing areas in the nation. With this growth, there are new sources and higher amounts of revenue to be allocated in the budget, but there is also a mounting list of needs for programs and services to accommodate the growth and meet the expectations of the community. The budget is a tool for prioritization, communication, and allocation of resources that go toward the implementation of programs, projects and services that fit the needs of a community’s residents and businesses. Town staff develops the operating and capital budgets so that strategic goals and long-term objectives defined in the Town Council adopted Strategic Plan are achieved. The overall budget philosophy of the Town of Little Elm is to provide the highest level of service at the greatest value. This means that the Town must operate in the most effective and efficient method possible to accomplish this goal.

The total Fiscal Year 2019 budget, including all funds and transfers, is $78,202,553 compared to $77,702,158 initially budgeted in 2018. The budget for all operating funds will increase by $4,287,752, or 9% over fiscal year 2018. Fiscal Year 2019 total expenditures are greater than the total revenues within the town-wide budget by $8,182,398. The Capital Project funds located within the General Governmental and Enterprise Utility classifications have budgeted expenditures of $10,723,864 of which $4,402,905 is Fiscal Year 2019 revenue and $23,145,696 is the available beginning fund balance being spent on projects. Click Here for FY2019-2023 Budget and Financial Plan


FY 2016-2017

FY 2017-2018

FY 2018-2019

Property Tax Rate




Effective Rate




Effective M&O Rate




Rollback Tax Rate




M & O Rate




Debt Rate





The Town Of Little Elm, Texas Adopted A Tax Rate That Will Raise More Taxes For Maintenance And Operations Than Last Year's Tax Rate; And The Tax Rate Will Effectively Be Raised By 6 Percent And Will Raise Taxes For Maintenance And Operations On A $100,000 Home By Approximately $28.96.

Additional Info...
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