2009 Dallas County Property Tax Reductions

P.E. Pennington & Company, Inc. announced today that in tax year 2009 they represented $1,548,551,710 in commercial real estate value in Dallas County.  During the 2009 Administrative Remedy these valuations were reduced to $1,325,990,460 or 14.37% in adjusted valuations.  These figures do not take into consideration further reductions achieved through 2009 litigation.