92% of Dallas County homes to get lower or flat appraisals for '09, official says

For Dallas County commissioners, the news Tuesday about this year's tax roll was bleak but not unexpected: Home foreclosures, declining building permits and high office vacancy rates will combine to send property values downward for the first time in years.


And that means fewer property tax dollars flowing into county coffers during a particularly brutal budget crisis.

For homeowners tired of seeing their values increase, however, it's good news. About 92 percent of all residential properties will either fall in value or remain the same, said Ken Nolan, the county's chief appraiser.

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