Page 23 - BudgetBookCover_FY26_Adopted.pdf
P. 23

AVERAGE TAX PAYMENT

               Dallas County Estimated Tax Rates


               Below are examples of the City’s portion of a property tax bill based on
               average home value and several most common exemptions.



                                           FY 24 - 25             FY 25 - 26


               Average
               Home Value*                   $222,000               $234,000

               Current Tax Rate             $0.660000              $0.660000
                                                                                           $65
               Adopted Annual
               City Tax Bill                   $1,209                 $1,274             INCREASE

               *Average Single-Family home for Dallas County for illustrative purposes and includes Homestead Exemption.



               TAX EXEMPTIONS



               Each resident qualifies for different City property tax exemptions. Here is a
               breakdown of the City’s property tax bill portion of some example tax bills
               with those exemptions.




               AVERAGE APPRAISED VALUE: $234,000


                                                                              HOMESTEAD, SENIOR
                                      NO                                      TAX FREEZE, &
                                      HOMESTEAD           HOMESTEAD           SENIOR EXEMPTION

                    Taxable Value:    $234,000            $193,350            $138,000 (Frozen 1 year ago)


                    City Tax Paid:    $1,544              $1,274              $912

                Taxpayer Savings:     $0                  $270                $632










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