A careful comparison of past biennial revenue estimates and actual revenues appears to indicate that revenue estimates are simply restatements of actual revenues from the previous two years, adjusted for any changes in tax policy or law.
Local Government
Trends in Texas Governments: City of Garland
The city of Garland’s property tax is skyrocketing, especially as compared to basic economic measures, like population and inflation. According to its latest available Annual Comprehensive Financial Report (ACFR), the city’s property tax levy rose from $70,801,851 in 2013 to $138,853,429 in 2022, equating to a 96.1% spike in monies to the government (see pg....
February 13, 2024