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 |
| 2022 | $ 0.00 | $ 0.118 | $ 0.667 | $ 0.785 | Order Levying Taxes – 2022 |
| 2021 | $ 0.00 | $ 0.120 | $ 0.680 | $ 0.800 | Order Levying Taxes – 2021 |