Page 49 - Hurst FY19 Approved Budget

RESIDENTIAL PROPERTY TAXABLE VALUE

$1.75
$1.70

$1.50
$1.36
$1.25
$1.14 $1.18 $1.19

$0.75

2013 2014 2015 2016 2017 2018
Tax Year

COMMERCIAL PROPERTY TAXABLE VALUE

$1.43
$1.33
$1.50
$1.25
$1.15 $1.20 $1.20

$0.75

$0.25

2013 2014 2015 2016 2017 2018
Tax Year

Of 18,367 property accounts in the City, 11,543 are residential accounts. The remain-
ing 6,824 are from commercial accounts. Over the past five years, property values
have increased by $910 million dollars from $2.29 billion to $3.2 billion, a 40% increase
due primarily to an increase in property values. (Amounts per Tarrant Appraisal District
July 20, 2018 Certified Tax Roll.)

32