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Latest homestead exemption News

front of Town Square and fountain with text FY 2021 Proposed Budget
Aug 18, 2020

Tax Relief for Residents and Businesses is the Star of the FY 2021 Budget

The proposed FY 2021 Budget has been submitted by City Manager Shana Yelverton to the City Council for consideration. The proposed budget totals $105.2 million and includes a ½ cent debt tax rate decrease, reducing the total rate to $0.405. The tax rate reduction means a revenue reduction to the City of $388,500. Southlake’s 20%…
Apr 24, 2020

What You Need To Know This Tax Season

In the next 7-10 days, property tax valuations for Southlake homeowners will arrive by mail from Tarrant and Denton Counties.  And because of all the change due to the COVID-19 social distancing orders, there are also adjustments to this year’s Tarrant and Denton County protest processes. For Denton County homeowners, the appraisal notice will be…