A tax rate of $0.105595 per $100 valuation has been proposed by the governing body of Dallas College.
PROPOSED TAX RATE
|
$0.105595 per $100
|
NO-NEW-REVENUE TAX RATE
|
$0.096676 per $100
|
VOTER-APPROVAL TAX RATE
|
$0.105596 per $100
|
The no-new-revenue tax rate is the tax rate for the 2024 tax year that will raise the same amount of property tax revenue for Dallas College from the same properties in both the 2023 tax year and the 2024 tax year.
The voter-approval rate is the highest tax rate that Dallas College may adopt without holding an election to seek voter approval of the rate.
The proposed tax rate is greater than the no-new-revenue tax rate. This means that Dallas College is proposing to increase property taxes for the 2024 tax year.
A PUBLIC HEARING ON THE PROPOSED TAX RATE WILL BE HELD ON September 10, 2024, AT 4:00 pm AT 1601 Botham Jean Blvd., Dallas, TX 75215.
The proposed tax rate is not greater than the voter-approval tax rate. As a result, Dallas College is not required to hold an election at which voters may accept or reject the proposed tax rate.
However, you may express your support for or opposition to the proposed tax rate by contacting the members of the of Dallas College at their offices or by attending the public hearing mentioned above.
YOUR TAXES OWED UNDER ANY OF THE RATES MENTIONED ABOVE CAN BE CALCULATED AS FOLLOWS:
Property tax amount= (tax rate) x (taxable value of your property)/100
FOR the proposal:
Diana Flores
Philip Ritter
Catalina E. Garcia
Paul Mayer
Cliff Boyd
Kesha O’Reilly
AGAINST the proposal:
PRESENT and not voting:
ABSENT:
Monica Lira Bravo
Visit Texas.gov/PropertyTaxes to find a link to your local property tax database on which you can easily access information regarding your property taxes, including information about proposed tax rates and scheduled public hearings of each entity that taxes your property.
The 86th Texas Legislature modified the manner in which the voter-approval tax rate is calculated to limit the rate of growth of property taxes in the state.
The following table compares the taxes imposed on the average residence homestead by Dallas College last year to the taxes proposed to be imposed on the average residence homestead by Dallas College this year.
| 2023 | 2024 | Change |
---|
Total tax rate (per $100 of value) |
$0.110028
|
$0.105595
|
decrease of -0.004433, or -4.03%
|
---|
Average homestead taxable value |
$288,156
|
$324,413
|
increase of 36,257, or 12.58%
|
---|
Tax on average homestead |
$317.05
|
$342.56
|
increase of 25.51, or 8.05%
|
---|
Total tax levy on all properties |
$405,158,756
|
$450,996,592
|
increase of 45,837,836, or 11.31%
|
---|
For assistance with tax calculations, please contact the tax assessor for Dallas College at 972-669-6400.