Less spending, not freezing home values, better for property tax relief, policy group says
While a state lawmaker’s call for a freeze on property values could provide some semblance of relief for homeowners amid the COVID-19 economic downturn, it’s the municipalities setting the tax rates that can provide real help, an Austin economic policy group says.
Read MoreProperty owners should be proactive about potential tax hikes during COVID-19 economic downturn, policy group says
In states of emergency caused by flooding or other natural disasters, local taxing bodies are given latitude to raise property taxes to help cover costs, but the coronavirus presents a different kind of emergency, Dale Craymer, president of the Texas Taxpayers and Research Association (TTARA), told The Center Square.
Read MoreBeware of snake oil ‘property tax relief’
Freezing your property value does not freeze your tax bills because local tax rates aren’t frozen. How much you pay depends on how much local governments want to spend.
Read MoreBeware of snake-oil ‘property tax relief’
Are you tired of rising appraisals driving up your property tax bill? Some chief appraisers around the state are touting a path to “tax relief” for Texans suffering economically from the COVID-19 pandemic:
Read MoreDale Craymer: Beware of snake oil served up with property taxes amid COVID-19 crisis
Are you tired of rising appraisals driving up your property-tax bill? Some chief appraisers around the state are touting a path to “tax relief” for Texans suffering economically from the COVID-19 pandemic:
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