Over the years, 13 local retirement systems in seven major metropolitans have successfully lobbied the Legislature to have some or all of their pension plans codified in state law, making pension reform difficult, if not impossible, to realize without first getting legislation passed at the statehouse.
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...