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Old 07-08-2015, 03:39 PM
 
247 posts, read 272,224 times
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I heard something the other day that Mike Rawlings was "talking about it" or something?

With inflated values, what are the chances the cities lower the rates? Does it really make sense to keep them at their current rates when values have increase 20-30% in the past few years?
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Old 07-08-2015, 03:54 PM
 
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Murphy lowered theirs last year. I'm not expecting them to again this year, but it would be nice.
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Old 07-08-2015, 05:31 PM
 
Location: Grapevine, Texas
9,511 posts, read 19,526,329 times
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Our city property taxes in Grapevine go down every couple of years. This is thanks to our city leadership doing a great job of attracting retail and other businesses to town and shifting the burden away from homeowners.
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Old 07-08-2015, 05:38 PM
 
11,679 posts, read 21,255,196 times
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Yes, they can go down with values being up so much. HP and UP have both done this in the past.

Dallas raised property taxes 2 or 3 years ago so it would at least be nice to get back to the old rate. Hope Mayor Mike can push a rate reduction through!
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Old 07-08-2015, 06:57 PM
 
247 posts, read 272,224 times
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great, so it sounds like this has been done in past and isnt just wishful thinking
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Old 07-08-2015, 07:24 PM
 
Location: Dallas/Fort Worth, Texas
4,128 posts, read 13,168,303 times
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Yes, it's happened. Here's the clip... With property values up, Dallas mayor suggests tax cut

Also, here's an interesting request by Dallas ISD Dallas ISD could seek to raise taxes, begin $1.5 billion in upgrades | Dallas Morning News

Sorry if it was brought up in another thread
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Old 07-08-2015, 08:47 PM
 
Location: DFW - Coppell / Las Colinas
29,956 posts, read 34,561,935 times
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The big tax bite is School district which is different than what the city taxes.

City going down does not mean that much when you have County, City, School, Parkland and Community College taxes.
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Old 07-09-2015, 07:42 AM
 
Location: Dallas, TX
5,681 posts, read 9,676,592 times
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Quote:
Originally Posted by TurtleCreek80 View Post
Hope Mayor Mike can push a rate reduction through!
If he takes it to the voters (TV ads, etc) the powers that be would not be able to resist the clamor of their constituents! I hope he pushes for this.
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Old 07-09-2015, 09:37 AM
 
247 posts, read 272,224 times
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just doesnt seem right to hose taxpayers at the same rate every year during a significant value appreciation period, surprised we dont hear more about this
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Old 07-09-2015, 10:03 AM
 
Location: DFW - Coppell / Las Colinas
29,956 posts, read 34,561,935 times
Reputation: 35954
Quote:
Originally Posted by whj3773 View Post
just doesnt seem right to hose taxpayers at the same rate every year during a significant value appreciation period, surprised we dont hear more about this
They are currently making up for the 15-20% drop in values (and taxes) we saw back in 2009-12.
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