Texas’ property tax is big and fast-growing. In 2016, more than 5,100 local tax jurisdictions levied more than $56 billion in property taxes, making it the single largest tax imposed in the Lone Star State. Of the total levy, school district taxes accounted for the bulk of the burden at $29.9 billion followed by cities ($9.2 billion), counties ($9 billion), and special districts ($8 billion). On a per capita basis, Texas’ property tax is large enough to collect more than $2,000 from every man, woman, and child in the state or more than $8,000 from a family of four.
Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge
Forecasting the Future of the ERCOT Grid, Part 1: The Ongoing Winter Reliability Challenge Written By: Michael Reed and Brent Bennett, Ph.D. Download the full research paper here. Key Points While the operational performance of the ERCOT grid has improved since Winter Storm Uri in 2021, the increasing reliance of the grid on wind, solar,...