The Denton County Tax Assessor/Collector will issue amended tax statements to NISD homeowners to reflect the district’s overall tax rate of $1.3363.
The 2020 tax statements were prepared and distributed by the tax collector’s office in October (as required by law), which was prior to Northwest ISD’s Voter-Approval Tax Rate Election (VATRE) on November 3. Since the VATRE was not approved by voters, the tax assessor’s office will update the tax rate and issue new tax statements to all property owners.
The new statements will be issued once all three counties confirm all ballots have been counted and the NISD Board of Trustees canvass the election on November 16, making the election results official. For anyone who has already paid the amount listed on the October 2020 statement, the tax collector’s office will issue a refund. For homeowners who have their tax payments as part of their mortgage under escrow, the amended tax statements will also be sent to the mortgage companies.