Frisco cuts tax bill for residents by boosting homestead exemption to 10%, hopes to be ‘model for the state

FRISCO — More property tax relief is on the way for Frisco homeowners.

In a special meeting Friday, the City Council increased the homestead exemption from 7.5 percent to 10 percent. The change will provide an additional $47 in tax savings for a home valued at $417,000, which is the city’s average based on preliminary appraisals.

— Read on www.dallasnews.com/news/frisco/2018/06/30/frisco-cuts-tax-bill-residents-boosting-homestead-exemption-10-hopes-model-state