*The data presented below was prepared by the Tarrant Appraisal District at the request of a Texas Silver Haired Legislator, Mr. Oscar Garcia, a member of the Tarrant County Delegation to the TSHL. The data focuses on the growth of homestead property taxes for the AVERAGE over-65 taxpayer between 1999 and 2004 for this city.

Average Tax Bill for City of River Oaks*, Castleberry I.S.D. and Tarrant County
  1999 2004
                   
  Average Average     Average Average      
  Appraised Taxable     Appraised Taxable      
  Value Value Tax Rate Tax Due Value Value Tax Rate Tax Due % Increase
                   
Tarrant County $86,786 $36,786 0.498906 $183.53 $126,332 $76,332 0.507897 $387.69 111%
(Includes County Hospital District)                  
City of River Oaks $39,521 $24,521 0.79798 $195.67 $63,293 $48,293 0.7827 $377.99 93%
Tarrant County College $86,786 $36,786 0.10641 $39.14 $126,332 $76,332 0.13938 $106.39 172%
Castleberry I.S.D. $37,168 $12,168 1.611 $196.03 $59,272 $34,272 1.6763 $574.50 193%
                   
Total Tax Per $100     3.0143       3.1063    
                   
Total Tax Bill       $614.37       $1,446.57  
                   
Average Tax Bill Increase                 135%
                   
                   

 

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