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Paying Your Property Taxes
How are Taxes Calculated?
How are Tax Rates Determined? When are Taxes Due?
** List of Tax Collecting Agencies **
How are Taxes Calculated?
Your property is actually taxed by the cities, schools, counties
and special districts (the taxing entities). They calculate the amount of tax
you owe, send you the tax bill and collect the tax payments. The Dallas Central
Appraisal District appraises property in Dallas County in order to determine the value of your property. This value is, in
turn, used by the taxing entities in calculating your property taxes. Your
property tax amount is calculated by taking the market value (as determined by
the appraisal district) and subtracting any appropriate exemptions (granted by
the appraisal district) to determine the taxable value, then multiplying this
taxable value by each applicable taxing entity's tax rate.
To estimate your property taxes, you may download the TaxEstimator software.
How are Tax Rates Determined?
Each entity determines their tax rate by first determining what
and how many services they will provide in the coming year and how much revenue
they need to support these services. The appraisal district provides them an
appraisal roll listing the value of all the taxable properties within the
boundaries of the taxing entity. The taxing entity then takes the revenue or
income needed and divides it by the taxable value to calculate the tax rate
that is adopted by the taxing unit's governing body (i.e., city council, school
board or commissioners court). This is basically how the taxing entities
establish the tax rate necessary to raise the needed tax dollars to fund their
budget. However, there are "Truth in Taxation" laws that limit how much this
tax rate can be and sometimes require a vote by the public to approve a tax
rate that exceeds a certain percentage. For a listing of each taxing unit's tax
rate and exemptions offered, you may refer to the annual
detail listing of Ad Valorem Tax Rates for Dallas County at this
website.
When are Taxes Due?
Taxes become due when the taxpayer receives a bill. Most taxing
entities mail their bills around October 1. Typically taxpayers have until
January 31 of the following year to pay their taxes. They become delinquent on
February 1 when penalty and interest charges begin accumulating on most unpaid
tax bills. However, if a taxing unit mails an initial bill after January 10,
that tax becomes delinquent on the first day of the next month, thus providing
at least 21 days for payment. Throughout the year, tax collectors mail notices
to delinquent taxpayers and take legal action to secure payment of overdue
taxes, penalties and interest.
If you have questions about your taxes, you should call the appropriate taxing
entity. However, if you have a question concerning your property value,
exemption status, ownership or address correction, you should
contact the appraisal district at 214/631-0910.
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