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 Wednesday @ 1:00 p.m. at 3100 McKinnon Street, Suite 1100, Dallas, Texas 75201. 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 2024 to 2025: $81,259; 18.08%
Change in the District’s Expenses from 2024 to 2025: -$69,472; -13.09%

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

• 2023: $446,961.00
• 2024: $536,683.00
• 2025: $500,620.00

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

• 2023: No Levy
• 2024: TBD
• 2025: 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 2021 Tax Rate (per $100 of assessed valuation)- Total $0.9716
Maintenance & Operations: $0.9716
Debt Service: No Levy

Adopted 2022 Tax Rate (per $100 of assessed valuation)- Total $0.9141
Maintenance & Operations: $0.9141
Debt Service: No Levy

Adopted 2023 Tax Rate (per $100 of assessed valuation)- Total $0.8583
Maintenance & Operations: $0.8583
Debt Service: No Levy

Proposed 2024 Tax Rate (per $100 of assessed valuation)- Total TBD
Maintenance & Operations: TBD
Debt Service: TBD