The state of Texas depends heavily on the property tax in order to finance its local governments. While no one likes paying taxes, and taxes need to be kept as low as possible, tax collections must be enforced in order for fairness to be preserved and to ensure honest government. This study by the Foundation’s Chief Economist explores a market-based option for improving tax collections without increasing costs to the taxpayer — and indeed potentially reducing local government operating costs to the benefit of all taxpayers.
Taxes & Spending
SAISD is to Blame for Its Budget Mess
Earlier this week, San Antonio ISD officials complained that “tough decisions” lie ahead as budget deliberations began in earnest. Some even lamented that, absent drastic action, SAISD would be forced into “cutting hundreds of staff positions” across the district. The source of district’s budget woes, according to the superintendent, was three-fold: “stagnant state funding, declining...
April 11, 2024