The Prestonwood Public Improvement District (PPID) was first established in 1997 and renewed in 2004, 2011 and 2018. The Prestonwood area consists of approximately 1,031 residential properties. The general nature of the service and improvements provided by the PID are to enhance security and other security related improvement and other activities that are approved by the Dallas City Council. The PID is managed by the Prestonwood Homeowners Association, a voluntary homeowners association.
The current PID term runs until December 31, 2025 with annual budget and assessment rate subject to a public hearing and City Council approval.
Prestonwood PID Boundary Area
To determine if an address is within the PID boundary enter the address in search box below.
The costs of the services and improvements by the Prestonwood Public Improvement District (District) will be paid primarily by special assessment against properties in the District. Annual assessments are based on the total value of real property and real property improvements as determined by the Dallas Central Appraisal District.
The District's proposed assessment rate for 2021 is $0.07 per $100 of appraised value. Once levied, this assessment rate shall not increase during the 2022 Service Plan year.
The City of Dallas is not responsible for payment of assessments against exempt City property in the District because City right-of-way, railroad right-of-way, parks and cemeteries are not specially benefitted. Payment of assessments by other tax-exempt jurisdictions and entities must be established by contract.