Property Tax

Dallas Chief Financial Officer: There’s a $38 Million Shortfall in 2025 Proposed Budget

By April Towery / May 17, 2024 /

And so it begins. The Dallas City Council got a first look at the process of preparing the 2024-25 and 2025-26 biennial budget on Wednesday and was advised of a looming $38 million shortfall.  Interim City Manager Kimberly Bizor Tolbert introduced the May 15 budget briefing.  “As a result of revenue limits and increased expense…

Beware of Homestead Exemption Scams and Property Tax Site Lookalikes

By Shelby Skrhak / May 11, 2024 /

Taking care of property taxes is a universally disliked task, but having to navigate misleading websites and dodge unscrupulous companies — well, that’s just not fair. Within the realm of legitimate property tax protest services, bad-acting entities lie in wait, poised to exploit unsuspecting homeowners. As the deadline for protesting your property taxes approaches, here…

Only 25 Percent of Homeowners Protest Their Property Tax: Learn How at Free Webinar May 2

By Shelby Skrhak / May 1, 2024 /

There’s a lot we don’t understand about how property tax appraisals work, let alone how to protest the county’s obfuscated appraised value. To help inform homeowners, CandysDirt.com has again teamed with Glenn Goodrich of PropertyTax.io to host a free webinar about protesting your property tax appraisal notice. The online webinar will take place at 10…

Republic Title Answers Your Questions on Recent Changes to Homestead Exemptions 

By CandysDirt / April 23, 2024 /

In the ever-evolving landscape of property taxes, understanding the intricacies of exemptions can significantly impact homeowners.  Recent changes to the Texas Constitution and the Tax Code have impacted homestead exemptions and how Central Appraisal Districts (CADs) handle those exemptions.   In this post, we will be discussing what homeowners need to know about Proposition 4, which…

With New Property Tax Law, Increased Land Values And Commercial Cap Cause Substantially Larger Tax Bills

By CandysDirt.com Contributor / April 22, 2024 /

By Glenn Goodrich Founder/CEO, PropertyTax.io In November 2023, Texas voters passed Proposition 4, significantly altering the landscape of property taxation with an increase in the homestead exemption from $40,000 to $100,000. While this legislative change was widely celebrated, less noticed was a new 20 percent cap on non-homesteaded real estate valued under $5 million, impacting…