The Dallas Central Appraisal District will release its certified tax roll today, with an approximate 4% drop in property values from last year.
While this is the second consecutive year of falling property values, the 4% drop was much less than the 8-9% some had predicted. The entire Dallas property tax roll comes in at just under $159 billion, which reflects a loss of nearly $6 billion in property values in one year. For Dallas County, the less-than-expected drop means about $10 million more in revenue despite still facing a $25 million budget shortfall.
