The city's property tax rate is 0.615 additional property tax information can be obtained from the Grayson County Appraisal District.
Sales Tax
| State Tax | 6.25% |
| Local Tax | 1.0% |
| Economic Development | 0.50% |
| Street Maintenance | 0.50% |
| Total | 8.25% |
More sales tax information is available at Local Sales and Use Tax, Texas Comptroller’s Office.