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Lubbock is preparing to raise city property taxes on local taxpayers, again. The rate proposed for 20261 is $0.513421 per $100 of valuation, which is above the no-new-revenue rate of $0.475154 and just under the voter-approval rate of $0.513447. Because the...
Harris County is Proposing an 11.8% Spending Increase along with Higher Property Taxes. Harris County is considering adopting a Fiscal Year 2027 budget1 of nearly $3.1 billion. That is roughly $327 million more than the nearly $2.8 billion general-fund budget2 the...
Today, August 17th, Texas Attorney General Ken Paxton’s office sent letters1 to more than 110 additional cities prohibiting them from raising ad valorem property taxes above the no-new-revenue (NNR) tax rate. The NNR rate is the property tax rate a local taxing entity...
Tarrant County Judge Tim O’Hare1 gave preliminary approval Thursday, August 13th, to a Fiscal Year 2027 budget that sets the county rate at $0.1860 per $100 of valuation and the JPS Hospital District rate at $0.1590. Both sit below the no-new-revenue (NNR) rate, the...
Fort Worth officials face a significant budget shortfall for fiscal year 2027 after certified property tax rolls came in lower than projected. The projected general fund gap rose from an earlier estimate of roughly $49 million to approximately $77–78 million1 once the...
On August 7th, the Bastrop City Council conducted official workshops1 not in Bastrop (where one might reasonably expect), but more than one hundred miles away in Fredericksburg. The posted agenda2 lists the location as the John Wm. Klein Meeting Room at 115 N....