Page 19 - BudgetBookCover_FY26_Adopted.pdf
P. 19

THE CITY’S



                PROPERTY TAXES






               Property taxes are the single largest source of revenue for the City and
               come from residential and commercial taxpayers. Many factors contribute to
               the determination of your property taxes, and only a portion of those funds
               go to the City.



               HOW THE CITY’S PROPERTY TAX IS DETERMINED



                                                                                 Total
                                         Appraised Tax Value                  Taxable Value:
                                                                                $25.2B


                                                                             Homestead
                                           Tax Exemptions                 exemption remains
                                                                              at 17.5%


                                          Adopted Tax Rate            $0.66/$100
                                            Set by City Council        of Value


                                                                    Average
                                             Taxes Owed            homeowner
                                                                    tax bill:
                                                                    $1,274*
                                            *Average Single-Family home for Dallas County


               DISTRIBUTION OF TAX VALUES




                                                                   $26.5B
                                        $4B


                                                                     Residential
                                                  $11.9B
                                     $10.6B                         Commercial
                                                                      Business
                                                                      Personal
                                                                      Property







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