Texas city that eliminated property taxes experiencing growth
“In addition to eliminating its property tax, Von Ormy, better known as a ‘liberty city,’ carries no debt, spends little, and has more than enough cash on hand to fully cover maintenance and operations costs for a full year in the event of a sudden emergency,” she wrote. “It has stayed true to its original…
Read MoreViewpoint: Austin taxpayers face good, bad news
Your property tax bill has a lot of moving parts. Some of those parts are moving in different directions, and that’s likely to take a bite out of the relief many Texans, including those living in Austin, are expecting. First, the good news — thanks to billions of new dollars set aside by the Texas
Read MoreConsultant who benefited from Uresti-authored law to plead guilty to tax fraud in San Antonio
A Beaumont-area consultant who benefited financially from a law authored by San Antonio’s former state Sen. Carlos Uresti has agreed to plead guilty to a federal charge that he intentionally under-reported his gross income by $1.8 million.
Read MoreAustin Property Tax Math: School Tax Rates Down, Everybody Else Going Up
Your property tax bill has a lot of moving parts. Some of those parts are moving in different directions, and that’s likely to take a bite out of the relief many Texans, including those living in Austin, are expecting. First, the good news – thanks to billions of new dollars set aside by the Texas…
Read MoreLockhart 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.
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