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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