UNIVERSITY PARK, TX-Officials from the city are hoping to raiserates on property tax by 4.89% as the revenue from uptown communityis expected to fall. This proposal was put forward by City ManagerBob Livingston to balance the fall of 4.665 in the tax base.

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Even with the increased rates, property owners will pay $31 lessin 2011 due to the fall in property value. They expect the averagetax base to fall by $147 if the rates are not changed. Forthe full story, go to The Dallas Morning News.

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