Projections from city officials show the average Dallas homeowner without a senior homestead exemption could see a $181 increase to their city property tax...
proposed $4.97 billion budget offers the largest property tax rate decrease in at least four decadesBut projections from city officials show the average Dallas homeowner without a senior homestead exemption could see a $181 increase to their city property tax bill next year and an estimated $126 rise with the exemption because of rising property appraisals. The city defines the average homeowner as someone with a residence that has a median market value of $381,545.
Janette Weedon, Dallas’ director of Budget and Management Services, said San Antonio, Fort Worth and El Paso have similar fees paid by residents. A city spokesman who responded on behalf of Ireland to a request for comment said after the budget meeting Tuesday that the chief financial officer is still analyzing all 581 positions and planning a report with more information about the jobs to give to the City Council.
Tuesday marked the first time the City Council as a group publicly weighed in on Tolbert’s recommended annual spending plan for Dallas. Public town halls for residents’ feedback are planned from Thursday through Aug. 29.About 57% of the city’s general fund revenue, estimated at $1.9 billion in the recommended budget, comes from property taxes.
Budget leaders recommend decreased general funding for several departments. The Office of Homeless Solutions would receive $3 million less than its current $17.8 million budget. The revamped Housing and Community Development Office would have around $2.5 million less than the housing department’s $6.9 million budget, and the Office of Equity and Inclusion is slated to receive close to $1 million less than its current budget of around $3.8 million.
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