A proposed tax increase by Dallas County could raise around $100 million in revenue to address homelessness while taking the county over the voter-approval tax rate.
Dallas County voters will decide whether or not to approve Proposition A, a 2.4-cent tax per $100 valuation earmarked for addressing homelessness in the Nov. 3 election. Commissioners approved putting the proposition on ballots Aug. 11.
What to know: The tax will appear in the form of a ballot proposition for the election. According to Dallas County’s website, the additional revenue if the rate is approved is $102.9 million. For a taxpayer with the median taxable-valued homestead in Dallas County of $268,056, the property tax bill would be $89 higher, if the levy is approved by voters.
Sarah Kahn, president and CEO of Housing Forward, said Proposition A is about closing gaps and helping more individuals who may be experiencing homelessness. Based on the plan shared with commissioners, the additional revenue could help 4,500 additional families.
Looking ahead: Early voting runs Oct. 19-30 and Election Day is Nov. 3.