*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 SOUTHLAKE*, CARROLL 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 Southlake $279,991 $204,991 0.422 $865.06 $384,476 $309,476 0.462 $1,429.78 65%
Tarrant County College $86,786 $36,786 0.10641 $39.14 $126,332 $76,332 0.13938 $106.39 172%
Carroll I.S.D. $264,736 $204,736 1.79 $3,664.77 $369,396 $309,396 1.935 $5,986.81 63%
                   
Total Tax Per $100     2.8173       3.0443    
                   
Total Tax Bill       $4,752.51       $7,910.67  
                   
Average Tax Bill Increase                 66%
                   

 

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