Tax Assessor Collector ext #1
Executive Director ext #2
The District was created as the Dallas County Levee Improvement District No.16
by order of the Dallas County Commissionerís Court on December 19, 1974,
as a conservation and reclamation district under Article XVI, Section
59, Texas Constitution and pursuant to the provisions of Chapter 57,
Texas Water Code, in response to a petition executed by landowners who
help title to a majority of the land within the District. The City Councils
of Farmers Branch and Carrollton, respectively, authorized and consented
to the creation of the District. Subsequently, in 1975 the State Legislature
passed an act reorganizing the District into the Farmers Branch-Carrollton
Flood Control District having certain specific rights and powers conferred
and imposed by the general laws of the State now in force or hereinafter
enacted applicable to Levee Improvement Districts not in conflict with
the legislative act. In June 1989, the District officially changed its
name to Valwood Improvement Authority. The Districtís general purpose
financial statements include the accounts of all District operations.
Valwood Improvement Authority is a special property tax district created
by the State of Texas in 1974. It was organized by the original developers
of this area to fund certain infrastructure, which was required in order
to develop the property. Most of the required infrastructure was water
related systems because the affected property fell within the flood
plain limits and therefore could not be developed. The result of completing
this infrastructure “reclaimed” the land and it is no longer
within flood plain area. All property owners within the District boundaries
have 4 layers of property tax to include, City, County, School and VIA.
There are several special districts in Dallas County and all are located
near or next to the Trinity River.
The Districtís property taxes are levied each October 1 on the assessed
value listed as of the prior January 1 for all real and business personal
property located in the District. Assessed values are established at
100% of estimated market value. Property taxes attach as an enforceable
lien on property as of January 1.
The District bills and collects its own property taxes.