Texas would need about $81.5 billion a year to end property taxes, officials say
Texas Republicans have been trying to reduce the state’s high property taxes for years, but some acknowledge eliminating them would be too expensive.
Read MoreTexas Republicans have tried to rein in property taxes for five years. Has it worked?
For the past five years, Republican lawmakers have been on a crusade to rein in the state’s property taxes, among the highest in the nation. Last year, they went big with a $12.7 billion package comprised of tax breaks for homeowners and money for school districts to drive down how much they collect from property…
Read MoreTX 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 MoreDarren Owen receives top TTARA professional honor
For Immediate Release November 17, 2023 Contact: Kirsten Voinis (512) 922-7141, kvoinis@kvoinis.com Darren Owen receives top TTARA professional honor Darren Owen, property tax manager for ExxonMobil Corp. in Houston, was awarded the Del Threadgill Distinguished Tax Professional Award by the Texas Taxpayers and Research Association (TTARA) at its 2023 Annual Meeting. Presented annually since 2011, the Threadgill…
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.
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