While the tax incentive program that helps bring business to Texas has been criticized as too generous, supporters say the tax benefits to the state are greater than the incentives provided.

Limited and temporary property tax discounts, known as Chapter 313 agreements, allow Texas communities to attract major industrial projects, keep Texas competitive and grow jobs — and they do not cost taxpayers a dime. Regular critics of these discounts frequently mischaracterize the program by claiming companies receive taxpayer dollars to locate in Texas, which is…

Texas local governments are getting ready to adopt their budgets for the upcoming fiscal year. That means they’ll soon be setting the tax rates that will determine the size of your property tax bill.

Harris County’s Democratic-controlled Commissioners Court is again looking to raise property taxes to the maximum eight percent, this time by using the pandemic disaster to bypass a new state law requiring voter input.

State comptroller Glenn Hegar predicts the state will face a projected budget shortfall of $4.6 billion. Before the coronavirus pandemic, Texas had a multi-billion dollar surplus.