Dallas City Manager Mary Suhm informed city council members in a missive today that projected property tax values increased by approximately $9 million after certified tax rolls from Dallas and Denton counties and updates of tax roll data from Collin and Rockwall counties showed a 3.5 percent decline compared to the city's 5 percent projection.
Suhm admits that the nine million bucks will be helpful in whittling down the remaining $38 million her office is "struggling" to cut as part of the city's $190 million budget shortfall, but she says other revenue sources are forecasted to continue to decline "well into next year."
If you like this story, consider signing up for our email newsletters.
SHOW ME HOW
You have successfully signed up for your selected newsletter(s) - please keep an eye on your mailbox, we're movin' in!