Lake Placid WCID 1 Ad Valorem Taxes rates are based on property values established by the Guadalupe Appraisal District. The tax rate (below) is per $100 of home value, as determined by the Guadalupe Appraisal District.
| Year | Debt Service | Maintenance | Contract | Total Tax Rate | Order Levying Taxes |
| 2024 | $ 0.1500 | $ 0.1149 | $ 0.6670 | $ 0.9319 | Order Levying Taxes – 2024 |
| 2023 | $ 0.0000 | $ 0.1140 | $ 0.6670 | $ 0.7810 | Order Levying Taxes – 2023 |
| 2022 | $ 0.0000 | $ 0.1176 | $ 0.6670 | $ 0.7846 | Order Levying Taxes – 2022 |
| 2021 | $ 0.0000 | $ 0.1200 | $ 0.6800 | $ 0.8000 | Order Levying Taxes – 2021 |