Property Tax

NewsLocal

City of Deer Park Proposes Increase in Property Taxes

As we have begun to report on local jurisdictions adopting new tax rates for the next fiscal year, it has become apparent that many around the state are failing to adopt the โ€œno-new-revenueโ€ tax rate. This has caused several concerned…

Podcast - Taxpayer Talks

Episode 3: Student Loan Debt Debate & Texas Property Taxes

Episode Description ๐Ÿ’ฐ In this episode of ๐—ง๐—”๐—ซ๐—ฃ๐—”๐—ฌ๐—˜๐—ฅ ๐—ง๐—”๐—Ÿ๐—ž๐—ฆ, we discuss how in the debate over student loan debt ‘forgiveness’, higher education institutions are largely escaping blame as well as deception being used by local governments in Texas when it…

NewsState

Abbott Draws Line in the Sand on Budget Surplus Use for Property Tax Relief

On Wednesday, Texas Governor Greg Abbott reportedly opined on the projected budget surplus and its partial use for the purposes of providing a property tax cut.   โ€œTexas is sitting on a record budget surplus of $27 billion… Because this…

NewsLocal

Deceptive Duncanville: Status Quo for Local Politics

As we have begun to report on cities adopting new tax rates and many failing to adopt the no-new-revenue rate, a number of folks have reached out to us at Texans for Fiscal Responsibility about the deceptive practices reducing transparency…

NewsState

Polling Suggests Most Texans Want True Property Tax Relief

This week, the Defend Texas Liberty PAC released polling that suggested a majority of Texans, from both major political parties, support using a majority of the projected budget surplus to lower their property tax burdens.   Polling Results Among several…

Podcast - Taxpayer Talks

Episode 2: Student Loan Debt & Texas Property Taxes

Episode Description ๐Ÿ’ฐ In this episode of ๐—ง๐—”๐—ซ๐—ฃ๐—”๐—ฌ๐—˜๐—ฅ ๐—ง๐—”๐—Ÿ๐—ž๐—ฆ, we discuss the recently announced student debt ‘cancelation’ plan from the Biden Administration and the fact that none of the five largest cities in Texas are adopting the ‘No-New-Revenue’ tax rate…

News

Despite Promises From Appropriators, No Major Cities Are Adopting the No-New-Revenue Rate

It’s that time of year again: local governments across Texas are considering their budgets for the next fiscal year and setting their tax rates to support such spending. This year is special for Texas taxpayers because it is a year…

News

Upcoming Opportunity for Texas Taxpayers to Opine on Growing Property Tax Problem

As state lawmakers prepare for the 2023 legislative session in the coming weeks, Texas taxpayers have an opportunity to address them on issues like their ever-increasing property tax burdens.   Texas House Ways & Means Committee The Texas House Ways…

News

Abbott Forecasts ‘Biggest Property Tax Cut in Texas History’

Recently, Texas Governor Greg Abbott gave the keynote address at the 18th annual West Texas Legislative Summit in San Angelo, Texas. In the address, he talked about property taxes and other issues in his plan for the upcoming legislative session….

News

Do Not Let Texas Lawmakers Plunder Our Money

Last week, Texas Comptroller Glenn Hegar announced an updated revenue estimate, which increased our continually growing budget surplus by nearly $14 billion. Yes, you heard that right $14 billion more! This raised the previous estimate from roughly $13 billion to…

News

Texas Comptroller Glenn Hegar Announces Historic Surplus in Updated Estimate

Thursday, Texas Comptroller Glenn Hegar released his updated revenue estimate for the state of Texas. Previously the surplus estimate coming off of the most recent legislative session was around $8 billion. This estimate was updated in November of 2021 to…

News

Texas Comptroller To Announce New Revenue Increase On Thursday

Tuesday, the House Appropriations Committee held its first interim hearing to consider some of their assigned interim charges involving the state budget. Among the invited testimony was that of Texas Comptroller Glenn Hegar, who came to give a general update…

NewsLocal

Texas GOP Platform Includes Texas Prosperity Plan

Wednesday, the Republican Party of Texas released its 2022 Platform as approved by delegates to its State Convention in mid-June.ย  Among the 274 โ€˜planksโ€™ or policy positions were all three of the items set forth in Texans for Fiscal Responsibilityโ€™s…

Explainers

Explainer: What is the “No New Revenue Rate”?

In a year that has resulted in crushing property tax burdens for the majority of Texans, Texans for Fiscal Responsibility (TFR) has set its sights on giving as much transparency to the property tax process in Texas as possible. Most…

Commentary

One Texanโ€™s Exemption is Another Texanโ€™s Increased Burden

A reprieve from taxes, however significant, is always welcome news for Texas taxpayers, wellโ€ฆ at least for the ones that directly benefit from that reprieve. At a recent Senate Finance Committee hearing, State Sen. Charles Schwertner (R-Georgetown) inquired about the…