You have probably heard about the Texas “budget crisis,” and been told that to avoid budget cuts we need to tap Texas’ savings account, the Rainy Day Fund. But the reality is very different from the headlines. Texas actually has MORE money to spend now than it spent two years ago.
These 12 Small & Mid-Sized Cities and Counties are Threatening Huge Tax Hikes
Many small and mid-sized cities and counties are right now considering tax rates that, if ultimately adopted, will result in homeowners paying higher taxes. In some cases, those threatened tax hikes are dramatic. To better understand which Texas taxpayers are in the danger zone, I recently surveyed numerous Notices of Public Hearing on Tax Increase,...