Fast-rising property values in Texas can be hard on local taxpayers, but they’re gravy to the state government. Because of the way public schools are funded, a rise in local property tax revenue means the state doesn’t have to send as much money to local school districts. The schools would get the same amount as […]Read More
Texans can now eat in shopping mall food courts, go bowling, drink in bars, eat in restaurants, watch rodeos, get their hair fixed — and get steaming mad about their property taxes. One of those activities was never interrupted. But between the pandemic and the economic slump, property owners’ annual anguish over property appraisals and […]Read More
As Texas’ population boom fuels demand for more housing, the property values that drive tax bills are also rising. State lawmakers this legislative session want to slow the increase in property taxes that Texans pay each year — something they’ve been trying to do for years with little success. That’s because property taxes are a huge […]Read More
Texans could soon have more direct control over the property tax rates that cities, counties and special purpose districts set as legislation that stalled during the state Legislature’s regular session is taken up by both chambers this week. The Senate in a 19-12 vote on Monday gave preliminary approval to a bill requiring larger cities, […]Read More
Rising property values in Texas should have lowered school property tax rates. But they didn’t, and you can thank the folks who write the state budget for that. When your property values rise, your school property tax rates are supposed to fall, right? That might be how you want it to work, but it’s not […]Read More
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