The state’s prepaid tuition program-the Texas Guaranteed Tuition Plan-will run out of money between 2015 and 2017. By 2030, the program could cost taxpayers as much as $2.1 billion. To avert bankruptcy and keep the program on sound financial footing, reforms need to be made-like those made to the refund policy.
Telling Renters the Truth about Property Taxes
Renters oftentimes do not know how much in property taxes they pay monthly or annually. This knowledge gap can invite negative societal effects, such as uninformed voting decisions. Key points: Many renters are uninformed about their property tax burden. Some estimates suggest that as much as 20% of an individual’s rent is due to local...