Commentary: Tesla deal generates tax dollars for Texas
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…
Read MoreWorried About Your Property Tax Bill? Now is the Time to Act!
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.
Read MoreHarris County Commissioners Court Eyes Another Property Tax Hike
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.
Read MoreDel Valle school board hears from Tesla, public on possible tax breaks for planned factory
Having Tesla Inc. locate a $1 billion electric vehicle manufacturing plant in the Del Valle area would offer enticing possibilities: It could be a financial boon to Travis County an
Read MoreTexas lawmakers: Cities that exploit COVID-19 to raise property taxes beyond cap could be penalized
As the time for adopting property tax rates nears, Texas property owners are being advised to check whether their local taxing districts have used an exemption that allows setting higher property taxes following natural disasters.
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