Property Tax Increase Possible for Some in NE Tarrant County

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    Residents in Bedford, Watauga and Haltom City could see their property taxes go up.

    Bedford's mayor saidhe wants to keep taxes low, they also need to consider the best interests of the city.  They are considering a tax increase from 49.16 cents to 50.64 cents per $100 of property value, the Star-Telegram reported.

    Watauga is proposing a tax increase of 4.4525 cents, up to 62.52 cents per $100 of valuation and Haltom City is considering an increase to 65.27 cents.

    Residents in Watauga can weigh can weigh in on the increases Aug. 15; in Haltom City on Aug. 22 and Bedford residents on Aug. 23.

    In Dallas County, the cities of Highland Park and University Park will probably not see a tax increase this year despite new reports that both cities will likely make less money from property taxes for the second straight year.

    All cities must set their property tax rates by Sept. 14 for 2012.