Some claim that in recent years the state’s budget has not kept up with population growth and inflation. This is not true. In fact, after accounting for the fact that property value increases have reduced state-level spending in public education, state spending is rising, even after accounting for population growth and inflation.
Higher Taxes on the Horizon: City of Mineral Wells
Many city, county, and school district officials are right now deciding where to set tax rates for the next fiscal year. In some cases, these local decisions will push property taxes higher, creating new challenges for families struggling with affordability. Given the very real prospect of tax hikes on the horizon, now is the time...