Cedar Creek Lake

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Cedar Creek Lake counties see increases in taxable property values

by

David Webb is a veteran journalist who has written for the mainstream and alternative media for three decades. He is now a freelancer who lives in the Cedar Creek Lake area.




The Henderson and Kaufman Counties Commissioners Courts and most other taxing entities’ officials will enjoy more latitude in budget decisions for the 2017-2018 fiscal year.


The Henderson County Appraisal District announced a 3.56 percent increase in total taxable value. The total taxable value rose to almost $6 billion.


Kaufman County's Appraisal District announced a 13 percent increase with the total taxable value reaching $8 billion.


In adjacent Van Zandt County the total taxable value remained stagnant except for increases in a few spots.


Most taxing entities, including school districts and cities, will realize increases in revenues at the current tax rates. Officials could lower tax rates or choose to expand budgets.


The taxable value increases in Henderson and Kaufman Counties follow the same trend seen in Dallas and Tarrant counties and their surrounding counties, but the DFW area values rose more dramatically.


 


 




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