Property tax Q&A with McLennan County Chief Appraiser Joe Don Bobbitt: Texas’ system challenges easy understanding
Judging from their tightly regulated timetable, property appraisal review board members are about halfway through meetings with homeowners and others disputing local appraisal notices mailed out this spring.
Read MoreLawmakers killed a costly corporate tax break program, but loopholes will still cost Texas billions
When state lawmakers last year decided to kill a ballooning economic incentive program that had allowed some of the country’s biggest corporations to collectively avoid paying billions of dollars in school property taxes, it shocked even the program’s many critics.
Read MoreOfficials blame Texas tax system for death of Marble Falls manufacturing project
The out-of-state manufacturer that was eyeing a project that would have brought 120 jobs to Marble Falls has moved on. Officials in the Hill County city west of Austin pin the blame on the state’s business personal property tax and its effect on smaller communities.
Read MoreProject Penguin opts out of Marble Falls and Texas due to taxes
“Project Penguin” is dead. The Marble Falls Economic Development Corp. Board of Directors terminated a previous agreement with the anonymous manufacturer during its regular meeting Wednesday, June 1. The company, which would have brought 120 jobs to the area, opted out of the move due to the Texas tax system, said EDC Executive Director Christian Fletcher.
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