Some claim that in recent years the state’s budget has not kept up with population growth and inflation. This is not true. In fact, after accounting for the fact that property value increases have reduced state-level spending in public education, state spending is rising, even after accounting for population growth and inflation.
Just the Facts: Property Taxes in Texas’ Most Populous Cities, Counties, and School Districts 4th Edition
Property taxes imposed by local governments have, in many instances, outpaced population growth and inflation. As a result, Texans pay some of the highest property taxes in the nation. Key points: Property taxes are assessed and collected by local governing bodies. The State does not levy a property tax. Local governments levied $89.4 billion in...