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Financial Highlights
Sales Tax Revenues
Sales tax revenues are the second largest source of funding for general fund revenues. For the prior three years the city collected:
Fy22 Sales Tax Allocation
$825.2 Million in Sales Tax Revenues were Collected in Irving for FY22, 76% of which goes to the State of Texas.
Top 10 Sales Tax Categories
Retail Trade
Wholesale Trade Information
Manufacturing
Accommodation and Food Services
Professional, Scientific and Technical Services
Construction Utilities
Administrative/Support, Waste Management and Remediation Services
Real Estate, Rental and Leasing
Taxable Values
$22,270,768 $15,732,433 $8,325,758 $7,794,611 $7,207,357 $6,313,381 $5,068,504 $3,810,750 $2,532,784 $2,408,430
According to the Dallas Central Appraisal District (DCAD), the Total Estimated Taxable Value for the 2022 Fiscal Year is $32,039,018,052, an Increase of $2,111,570,834 over the Prior Year
New Residential Construction Added 1,273 New Properties with an Average Value of $170,743 and New Commercial Construction Increased by 55 Properties with an Average Value of $3.56 Million