Homeowners and businesses are struggling under the weight of Texas’ property tax. In 2015, more than 4,100 taxing jurisdictions levied $52.2 billion in property taxes, an increase of almost $12 billion over the past five years. On a per-capita basis, Texas’ property tax imposed a burden of $1,900 on every man, woman, and child in the state and cost a family of four nearly $8,000. It's time for a property tax trigger.
Examining Local Government Spending Trends From 2014 to 2023
City and county spending has outpaced growth in population and inflation, leading to an increase in the tax burden on Texan taxpayers. Key points: Local government spending continues to outstrip increases in both population and inflation. From 2014 to 2023, local government spending rose by 61.2%, whereas population and inflation increased by only 42.7%. Elevated...