Texas faces some significant transportation challenges, but much of the crisis can be averted if the state rethinks and re-prioritizes transportation funding. This policy perspective examines some alternatives to generate additional transportation revenue without raising taxes and fees.
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...