Property Tax Rate
09/25 This story has been updated. Initially we said CM Tennell Atkins did not want to reduce the new city tax rate beyond the proposed 3-cent decrease; another CM reminded us that was inaccurate. Dallas City Council members deferred adoption of the city’s $4.51 billion budget Wednesday but approved several amendments, including an allocation to…
The Dallas City Council voted Wednesday to approve the first reading of a proposed $4.51 billion budget based on a property tax rate of 74.58 cents per $100 assessed valuation. A second reading of the budget, required by law, is set for Sept. 21. The 2023 fiscal year begins Oct. 1. The budget includes the following…
By Lydia Blair Special Contributor Property taxes are the talk of the town right now. Municipalities all over the Metroplex are proposing tax rate increases on top of the frequent increase in property values. This year’s tax bill may be a double whammy for our already steep homeowner taxes. If you’re thinking of avoiding those…
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