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Tax-exempt property under fire – Holdings appraised at $150M

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Dallas city auditors have identified 961 properties they believe are wrongly certified as tax-exempt, costing the city hundreds of thousands of dollars each year, the Dallas Morning News reports.

The properties – appraised at nearly $150 million – would provide the city annual revenues of about $200,000 if they were taxed, according to a city audit.

“This is a lot of money,” City Auditor Robert Melton said. “We hope the appraisal district reviews these properties very quickly and gets them back on the tax rolls.”

Cheryl Jordan, a spokeswoman for the Dallas Central Appraisal District, said the district would carefully review the report but believes the properties in question are legally tax-exempt. The appraisal district is responsible for certifying tax-exempt property.

The properties in question include 642 buildings owned by churches or other religious organizations. According to the audit, those parcels are not tax-exempt because they are not used primarily as places of worship.

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