Dallas Morning News Watchdog Dave Lieber argues that efforts by state officials to make the property tax system understandable are not working.
Remember, your tax bill is based on the tax rate times taxable values. A drop of a few pennies is based on $100 of value. In a home, you divide the total value of the house by $100 and then you see that a “few pennies” translates into big savings.
. There you can see what your old tax rate was, what your proposed new one is and find an estimate of your tax bill. Or these numbers are supposed to be there.The site also offers a mechanism on your specific property to learn when your governments’ budget hearings are scheduled so you can make your case for a lower tax rate.You no longer must attend the public budget hearing as you would in years past to object to proposed property tax rates.
For those tax nerds out there — and I know many of you write to me — this is very frustrating. You want to learn about your taxes, but it’s so slow and cumbersome.Every appraisal district handles its systems differently, which adds to the confusion. Various counties use different names for key terms such as assessed, appraised and values. There ought to be standardization of the forms, statewide, to eliminate confusion.
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