This paper highlights Texas budget trends in Articles VI and VII since the 2004-05 budget and notes the natural resources and business and economic development functions that increase faster than population growth plus inflation in the 2016-17 budget.
Texas City Eliminates Their Property Taxes
On September 10, the City of Von Ormy cut its already low property tax rate from $.12 to zero. Von Ormy has had a history of dedication to low, or no taxes, with 2024 being the first time they even adopted a tax rate since 2014. The city approved a zero-property tax rate even as...