Property Taxes
Becoming a homeowner in Texas is a significant milestone, but it also comes with financial responsibilities. One aspect that new homeowners should be aware of is property taxes but here’s the exciting part: Texas offers a range of property tax exemptions that can save you money and make your homeownership journey even sweeter. In this…
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It’s not easy making cuts to a $4.63 billion budget when the public is begging for property tax relief and pretty much everyone wants increased public safety, capital improvements, and driveable streets. The Dallas City Council is slated to approve a budget and property tax rate on Wednesday. Earlier this month, council members offered 63…
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Despite pleas from Mayor Eric Johnson and District 12 Councilwoman Cara Mendelsohn, the Dallas City Council set the property tax ceiling — the highest possible rate that can be adopted — at 73.93 cents per $100 assessed valuation, as proposed by City Manager T.C. Broadnax. The council will vote on the tax rate and budget…
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Budget season is officially underway at Dallas City Hall, and Dallas City Manager T.C. Broadnax offered local reporters a sneak peek Thursday afternoon at his draft document. The city manager’s $4.63 billion recommended budget represents a $138 million, or 8.1 percent, increase over the current year’s $4.51 billion budget. Broadnax said he’s recommending a 0.65-cent…
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Dallas Mayor Eric Johnson vowed at his inaugural address in June to do three things in his final term: improve public safety, create the best park system, and have the lowest tax rate of a major city in North Texas. Cynics will say that Dallas leaders have to pick sides, Johnson told a crowd at…
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