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“With the homestead exemption...the state of Texas is writing a check to pay your school taxes.” ““With the homestead exemption, $10 billion in state funding equals about $1,300 in property tax relief. … In short, the state of Texas is writing a check to pay your...
“How in the Heck Are We Going to Pay for $51 Billion in Property Tax Relief Going Forward?” “I do have a lot of concerns, as the senator does, about how in the heck are we going to pay for this going forward? $51 billion ongoing —it’s a huge amount to continue to...
“We're Kind of Maxed Out at What We Can Do for Property Tax Reform” There is a lot of misinformation floating around the state of Texas when it comes to the ability of the state to reduce or eliminate property taxes. This is the first article in a series where we’ll...
For almost 20 years, there have been serious discussions in Texas about eliminating property taxes. And during that period, few Texas politicians have made serious attempts to do anything about this. In fact, as a body, the Texas Legislature (including state-wide...
Executive Summary Texas continues to attract families and businesses from across the country, but government debt threatens to erode that incentive. According to the Texas Bond Review Board (BRB),1 local governments carried $330.9 billion in outstanding debt in FY...
Unmasking Taxing Tactics in Texas In Texas, local governments wield significant authority over taxation and spending decisions that directly impact residents' financial well-being. Local entities such as cities, counties, school districts, and special districts often...