By ANTHONY SPANGLER May. 15, 2009
FORT WORTH _ Taxable property values rose 4.6 percent in Tarrant County in 2008, according to preliminary figures released Friday by the Tarrant Appraisal District.
The individual residential and business property assessments are used to determine the amount of property taxes they will pay to cities, schools and other government entities. Each government entity sets tax rates that are applied to the appraised values to determine the tax bills.
About 129,000 homeowners saw their values increase, while another 128,000 received notices that their values dropped. A breakdown of commercial properties was not immediately available.
Real estate appraisers say valuations are rising in high-end neighborhoods, while decreases are occurring in more modest sub-divisions where foreclosures are higher.
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Caterpillar Turbocharger
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Nice Description about increasing and decreasing rate of house. But definitely it will increase. thanks to share this.
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