Dallas Seniors Get Property Tax Break
The increase, announced in a press release, takes effect for the 2025 tax year. The expanded exemption means eligible homeowners with properties valued at $218,750 or less will pay zero city property taxes. That's because the exemption combines with the existing 20% homestead reduction.
'We are proud to support our older and disabled residents with this increase,' said Dallas City Manager Kimberly Bizor Tolbert. 'This exemption helps Dallas homeowners stay in their homes as they age.'
The relief applies only to primary residences whose owners are 65 or older or certified disabled under Social Security guidelines. Current recipients don't need to reapply.
Still, many eligible homeowners haven't claimed this benefit. Texas law allows only one exemption per residence, either over-65 or disabled.
Surviving spouses can continue receiving the exemption if they were at least 55 when their partner died. But they must have already qualified for the over-65 exemption.
However, the application process varies by location. The city of Dallas spans multiple counties, each with its own appraisal district.
Dallas County residents apply through dallascad.org, while Collin County homeowners use collincad.org. Those in Denton County visit dentoncad.com.
The exemption reduces the taxable value specifically for city property taxes. Other taxing entities maintain separate exemption policies.
City officials encourage all eligible homeowners to apply immediately. The increased exemption represents a substantial savings opportunity for fixed-income residents facing rising property values.
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What could have been a five year, $262.5 million extension for Dak Prescott in 2023 (using Justin Herbert's deal as a comparison) eventually became a four year, $240 million deal in 2024, paying him $5 million more annually than any other NFL player ($231 million of that is guaranteed). CeeDee Lamb was always set to reset the wide receiver market. Doing so at the eve of the 2024 season lined him up for $34 million per year instead of around $30 million had he signed the offseason prior ($100 million of that is guaranteed). That creates salary cap bottlenecks down the line for a team that's perpetually high on star power and often low on depth. Jones' hesitation has logic behind it; he's waiting to see if a young player's production wanes before making a massive commitment. At the same time, that keeps said young player on a less expensive salary, which allows some breathing room to pay off the other massive extensions looming around the corner. However, that strategy keeps costing him money while antagonizing the players on which he relies. And Monday's comments about Micah Parsons, whose upcoming extension gets pricier each month? Fairly antagonistic! "Even if" is a bold way to address your team's desire to keep a 26-year-old with 52.5 sacks and four Pro Bowl honors in four seasons as a pro. Yet, here is Jones, quietly negging a player who has only missed four games due to injury in his career to date (a fifth game, in Week 18 vs. the Eagles in 2021, was due to COVID-19). Jones also added 'I am not the least concerned about having any dangling participles out here on a contract,' which is a folksy, homespun way of suggesting that, yep, this approach will once again cost Dallas extra money as a luxury tax for an owner/manager who lives for the escalation of contract negotiations but still seems to lose the big ones more often than he wins. Parsons, by the way, took notice. How could he not? So why is Jones waiting? 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