Calculate your cost if city raises property tax levy

Are you a Dallas homeowner who wants to know how much money the proposed city property tax increase will cost you, if implemented? Steve Thompson with the DMN published a handy calculator; just select your property value from the scrolling list, and a tax amount will pop up in a few seconds. Here’s a starting point: If you own a $200,000 house and have a homestead exemption (i.e., you live in the house and it’s your primary residence), your city tax bill would increase $78.66. The calculator works if your house is valued between $50,000 and $5 million. Note: Dallas County is contemplating a tax increase, too, and that’s not included in this calculation.

By |2010-09-12T22:41:39-05:00September 12th, 2010|City Hall, News, Politics|Comments Off on Calculate your cost if city raises property tax levy

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RICK WAMRE is president of Advocate Media. He also writes a monthly column and blogs about neighborhood issues. Email him at rwamre@advocatemag.com.