Property Taxes
We’ve received several questions regarding how Proposition 4, the Texas constitutional amendment that gave property owners the largest tax break in history, will affect homeowners’ 2023 property tax bill. The deadline to pay property taxes for 2023 is Jan. 31, 2024. While property taxes are pretty cut and dried for many homeowners, home buyers, and…
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When Texas lawmakers announced in August that the House and Senate finally reached an agreement on the largest property tax cut in Texas history — to the tune of $18 billion — residents of the Lone Star State weren’t quite ready to do a victory dance. Perhaps that’s because they knew they’d still have to…
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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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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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April brought us the news that the Texas House and Senate had finally come to terms and passed the promised property tax relief we have been hearing so much about. I was thrilled, of course, though the state did not go as far as I think it should have. Still, on the surface, this legislation…
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