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The District assesses ad valorem taxes on all property within the District in order to pay its debt obligations and to continue to operate and maintain the District’s water and sewer systems.  The Board of Directors is committed to assessing only the taxes needed to meet these obligations and has lowered the District’s tax rate every year, as seen below.
 
 

Tax Year Tax Rate
2009 $0.50 per $100 of assessed value
2008
$0.53 per $100 of assessed value
2007
$0.55 per $100 of assessed value
 
2006
$0.57 per $100 of assessed value
 
2005
$0.59 per $100 of assessed value
 
2004
$0.635 per $100 of assessed value
 
2003
$0.70 per $100 of assessed value
 
2002
$1.00 per $100 of assessed value