Dallas City Council Raises Taxes

From the DMN email news alert I just received (story’s not on their site yet): “After a lengthy debate centered on inequities between the city’s northern and southern sides, the Dallas City Council voted 8-7 to increase the property tax rate by 6.5 percent to fund millions of dollars in street maintenance, park upkeep, recreation center programs and a host of other services.” I think that should read 6.5 cents per $100 valuation of your property. But whatever. Thanks a lot, Obama.

Update: As was made clear in the comments, the hike tacks 4.91 cents onto the 74.79 cents per $100 valuation. Yup, that there is actually a little more than a 6.5 percent increase. I hate Joe Biden, too.

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