TX school districts say bonds won’t increase taxes. Ballots say otherwise. What’s the deal?
The statement must appear alongside school bond propositions, even if the measure being voted on will not increase property tax rates — a point area districts are emphasizing as voters head to the polls.
Read MoreHere’s how much Houston homeowners will save under the state’s new property tax cuts
The changes will more than double the amount that homeowners can shave off the taxable value of their primary residence for school property taxes, raising the homestead exemption from $40,000 to $100,000.
Read MoreLong-awaited $18 billion property tax-cut deal heads to Gov. Greg Abbott
A landmark $18 billion tax cut for property owners in the state is headed to Gov. Greg Abbott’s desk late Thursday, ending a monthslong stalemate among the state’s top Republicans with a deal that drew near-unanimous support from legislators.
Read MoreProperty tax cuts set to head to Texas voters on ballot. Here’s how much you could save
For months, lawmakers have feuded over what to do with property taxes. They agreed property tax cuts were needed. Less unanimous was the best way to pass savings on to Texans.
Read MoreTexas Senate unanimously passes $18 billion in property tax relief
After the bills’ passage, Lt. Gov. Dan Patrick said, “I have been fighting for property tax relief at the Texas Capitol since 2003, 4 years before I was elected to the Senate, and I have not stopped since then. When I took office as Lt. Governor in 2015, the homestead exemption was $15,000, and my…
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