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Kennedale
Friday, November 27, 2020

City post notice of 2018 proposed property tax rate and hearings notices

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The City of Kennedale has set a proposed tax rate of $0.7675 (per $100 of property valuation). As required by law, two public hearings have to be set before final adoption of the new rate. {{more: continue …}}
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The first hearing is set for Thursday, September 6, 2018 at 5:30 p.m. and the second meeting is on Friday, September 14 at 2:00 p.m.
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In between those two dates, the City will also hold a public hearing on the proposed 2018-2019 budget. The date is Friday, September 7, 2018 beginning at 5:30 p.m.
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All meetings will be at Kennedale City Hall, 405 Municipal Way in Kennedale.
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Proposed tax rate ?
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The proposed tax rate is $0.767500 (rounded up, it would be a little less than 77 cents). Last year?s rate was $0.777500 (rounded up a little less than 78 cents). On paper, it is a tax cut but since property appraisals have increased once again in Kennedale and across the metroplex, it means your property is more worth.? Therefore, even with a lower tax rate, both the school district and the city, will realize more revenue next year.
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If don?t own property in Kennedale (commercial, residential, farmland), this does not apply to you. But you help Kennedale pay bills through shopping in Kennedale (sales taxes) and renting property in the city.

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Want to know what you may owe this year in taxes to the city? Figure your tax bill (just for the City of Kennedale) by using the following process.
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0.767500 times (x) your property appraisal value divided by 100. Your appraisal value was sent out earlier this spring from Tarrant County Appraisal District (TAD).
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Example: If you had a house valued at $100,000, you would multiple that by 0.767500. This would equal $76,500. Divide that by 100 and you would owe $767.50 in taxes for the year. Again this is for city taxes only.
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Note: The City of Kennedale does have a $50,000 over-65 exemption and a disabled person exemption both apply to the homeowner.
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For those of you who have a mortgage, this change will go by almost unnoticed as the tax amount most likely is paid through an escrow account set up by your bank or mortgage company.
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The City of Kennedale is urging everyone to attend and express your views on the new tax rate. Recommended reading includes the following Kennedale city links:

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