sales taxes
I’m sure everyone’s sick and tired of hearing about budget season at Dallas City Hall, especially since it hasn’t even really started yet. Nevertheless, it’s a critical period for every local government’s calendar. And it doesn’t hurt for taxpayers to be familiar with their city’s finances and plans on spending for the year, especially if…
It’s looking like Dallas City Council members are going to have to make some tough choices this budget season, with staff estimating a roughly $36.5 million deficit during Wednesday’s council briefing. Apparently, declining property and sales tax forecasts are putting a damper on the city’s planned $5.13 billion budget for FY 2026. Even worse, without…
Texas rests in real estate tax ignominy, coming in fifth in WalletHub’s 2016 ranking of state property tax rates at 1.97 percent, though our media home value is the lowest of similarly taxed states at $131,400. We’re coming in behind No. 1 New Jersey (, No. 2 Illinois, No. 3 New Hampshire, and No. 4 Wisconsin.…
