The information provided on this page is for Oak Point Water Control and Improvement District No. 1 of Denton County. Below you can find links to information related to the financial and bookkeeping records for the District.

The district generally meets on the 3rd Thursday @ 6:00 p.m. at the (address). Specific meeting date/time and location is included on meeting agendas.

Residents of the district have the right to request the designation of a meeting location within the district under Water Code Section 49.062(g). A description of this process can be found at https://www.tceq.texas.gov/waterdistricts.

Change in the District’s Revenue from 2020 to 2021: -$300; -0.22%
Change in the District’s Expenses from 2020 to 2021: $1,670; 2.47%

The amount of property tax revenue budgeted for maintenance and operations for the preceding two years and current year:

• 2020: $128,690.00
• 2021: $134,100.00
• 2022: $134,500.00

The amount of property tax revenue budgeted for debt service for the preceding two years and current year:

• 2020: $483,526.00
• 2021: $504,011.00
• 2022: TBD

For additional Budget information, please click on the above Approved Budget link.

For additional Audit information, please click on the above Financial Report link.

Adopted 2019 Tax Rate (per $100 of assessed valuation)- Total $0.50
Maintenance & Operations: $0.1051
Debt Service: $0.3949

Adopted 2020 Tax Rate (per $100 of assessed valuation)- Total. $0.4982
Maintenance & Operations: $0.1047
Debt Service: $0.3935

Adopted 2021 Tax Rate (per $100 of assessed valuation)- Total $0.4840
Maintenance & Operations: $0.1024
Debt Service: $0.3816

Proposed 2022 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD