Texas homeowners won’t be surprised by this ranking. Why are property taxes so high?
Officials like to credit the state’s lack of a corporate or personal income tax for making Texas one of the best states for business, but skyrocketing property values have given it a less-desirable ranking: one of the highest effective property tax rates in the nation, according to various studies a
Read MoreTexas 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…
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