Lockhart Mayor Considers Revenue Alternatives in Wake of Property Tax Reform
While those smaller cities are welcoming their new neighbors, they’re concerned about a drain on resources following state lawmakers passage of a property tax reform bill.
Read MoreTexas cities, counties poised to hike property taxes before reform bill takes effect
Elected officials in several Texas cities and counties are considering property tax rate hikes and an end to certain tax exemptions before a new property tax limit takes effect on Jan. 1. “This is basically the cities and counties’ last bite of the apple before the 3½ percent limit takes effect,” Dale K. Craymer, president…
Read MoreTransparency And Relief Expected With New Property Tax Policies
Homeowners across the state have seen the amount of taxes owed on their property increase year after year. Complaints of appraisals, confusing statements and rising taxes have made ownership less desirable.
Read MoreGov. Greg Abbott signs property tax reform bill
Gov. Greg Abbott signed into law Wednesday Senate Bill 2, legislation aimed at slowing the growth of Texans’ property tax bills. The bill was one of the top priorities for Texas lawmakers this legislative session.
Read MoreTexas homeowners get more tools to fight property tax hikes under new law
Currently, local governments can increase collections by 8 percent before the public can petition for a rollback election. Houston is under different rules because of a voter referendum and can only go to 4 percent….
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