Fiscally conservative groups have called on the state legislature to enact a zero growth budget and issue tax cuts to help Texans suffering from inflation after the state comptroller announced the state was expecting a record $188 billion in revenue estimated for 2024-25 biennium and $32.7 billion surplus. Both are a first in state history.

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.

For Immediate Release                                                                                     Contact: Kirsten Voinis January 9, 2023             …

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.

“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.”