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Property tax exemption has increased in Dallas

DALLAS (1080 KRLD)- Dallas homeowners who are disabled or 65 and older will be getting slight property tax relief.

The Dallas City Council on Wednesday unanimously approved the amount those homeowners can exclude from their property tax valuation to $115,500 from the current $107,000 exemption.


The exemption increase would apply to more than 74,500 homes in the city and is meant to give relief to residents who are often on a fixed income, as property taxes continue to rise.

At 77.3 cents per $100, Dallas has one of the highest property tax rates in the state.

Senior and disabled homeowners with an average home value of $328,453,  would pay $1,141 in city taxes, working out to a $63 annual reduction with the change.

Property taxes brought in close to $1.2 billion to the city last year.

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