What Texas voters should know about statewide property tax propositions on May 7 ballot
Community Impact Newspaper spoke with Joshua Blank, research director of the Texas Politics Project for The University of Texas; Dale Craymer, president of the Texas Taxpayers and Research Association; and Dick Lavine, senior fiscal analyst for Every Texan, to break down the two propositions before voters head to the polls.
Read MoreTexas This Week: May 7 election statewide ballot propositions
Dale Craymer, president of the Texas Taxpayers And Research Association, joins KVUE’s Ashley Goudeau to explain the constitutional amendments on the ballot.
Read MoreResearch association: ‘Property tax bills would not be going up unless local jurisdictions wanted to spend more’
A big factor in the rising cost of property tax rates can be directly tied to how much money local jurisdictions want to spend, the Texas Taxpayers and Research Association (TTARA) said in a recent report.
Read MoreState of Texas: Tax relief on the ballot as homeowners see skyrocketing appraisals
The latest report from the Texas Real Estate Research Center at Texas A&M shows that the median home price in the state reached $300,000 in 2021, which is a record. The report found that values are growing at a rate of 15.6% annually. Some metro areas are seeing even faster growth. It’s 18.8% in Fort Worth and…
Read MoreTexas lawmakers weigh property tax relief as home values swell
As Texas homeowners reel from skyrocketing appraisal values, state lawmakers on Thursday floated ideas to curb their tax bills by using surplus state funds and further restricting the annual growth of a home’s taxable value.
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