Texas has $33 billion revenue surplus. The Legislature will soon decide how to spend it
After speculating for months on how much surplus tax revenue the state will have available in the 88th Legislature, Texas’ top accountant finally gave a firm number: $32.7 billion.
Read MoreSky-high Texas property tax bills finally went down in 2022. Here’s what to expect this year.
Taxes on owner-occupied property in Bexar County dropped by about $70 on average, according to data from the Bexar Appraisal District. In Harris County, the drop was $50.
Read MoreAs legislators try to curb property tax bills, here’s what Fort Worth lawmakers propose
“Owning a home gives you some equity you don’t have if you rent, but it comes with a whole wagon load of issues like property taxes, homeowners insurance, and just the cost of real estate,” O’Brien said. “People are very frustrated.”
Read MoreProperty tax relief tops Texas leaders’ priority lists
Texas homeowners have long paid some of the highest property taxes in the country. And with housing prices on the rise, those costs just keep going up.
Read More$7M budget deficit for Hays CISD after low attendance from 2021-2022 school year
Like all other schools in Texas, the district is funded based on its average daily attendance rate and not by its enrollment. It’s something State Rep. Diego Bernal is trying to change. He filed HB 135 for the upcoming legislature. It seeks to replace attendance-based funding with enrollment-based
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