With so many hindrances to budgetary prudence, it is easy to understand why Texas’ TEL has failed to live up to expectations. However, with just a handful of changes, legislators can vastly improve and entrench this important safeguard.
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...