Property Tax
FY 2026 Budget Book
| Fiscal Year | Taxable Property |
|---|
| 2016 | 715,276,421 |
| 2017 | 772,264,111 |
| 2018 | 847,659,780 |
| 2019 | 951,849,396 |
| 2020 | 1,061,774,598 |
| 2021 | 1,136,334,581 |
| 2022 | 1,329,879,488 |
| 2023 | 1,610,548,487 |
| 2024 | 1,825,902,363 |
| 2025 | 2,032,425,359 |
| 2026* | 2,201,817,406 |
*Certified
The 2025 certified taxable value of $2,201,817,406 is an 8.3% increase from 2024 certified taxable value of $2,032,425,359. The City is proposing a property tax rate of $0.794629 per $100 of valuation. This is the same rate as the prior fiscal year of $0.794629 per $100 of valuation. Maintenance and operations (M&O) of the tax rate has been established by Dallas County at $0.763429 and is collected through the General Fund. The tax rate for the debt service interest and sinking fund (I&S) has been established by Dallas County at $0.031200 and is collected through the Debt Service Fund. As more debt is paid off, more funds are available for maintenance and operations.
| Fiscal Year | Land Dev | New Real | New Bus Pers | Total |
|---|
| 2016 | - | 4,914,099 | - | 4,914,099 |
| 2017 | 1,816,697 | 11,584,130 | - | 13,400,827 |
| 2018 | 1,062,576 | 20,286,224 | 452,120 | 21,800,920 |
| 2019 | - | 15,911,783 | 825,890 | 16,737,673 |
| 2020 | 560,430 | 15,638,100 | 1,097,890 | 17,296,420 |
| 2021 | - | 30,863,051 | 161,390 | 31,024,441 |
| 2022 | - | 31,686,080 | 22,650 | 31,708,730 |
| 2023 | - | 51,221,847 | 12,785,010 | 64,006,857 |
| 2024 | 7,754,642 | 12,696,122 | - | 20,450,764 |
| 2025 | 6,139,360 | 49,287,628 | - | 55,426,988 |
| 2026* | 573,432 | 37,113,199 | - | 37,686,631 |