Have Property Taxes Gone Up, Really?

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

Property taxes are the major source of support for local public services – schools, emergency services, roads, parks and libraries. They are also among the most unpopular of all state and local taxes. Many taxpayers complain that their property tax bill can go up, even if their ability to pay that bill does not. So […]

Flat-Dollar Homestead Exemption Benefits Homeowners and Municipalities

Dick Lavine, Senior Fiscal Analyst at the Center for Public Policy Priorities

In Texas, school districts grant residential homeowners a flat-dollar-amount homestead exemption of $15,000, but local governments are currently prohibited from doing the same. While they can offer percentage exemptions, the ability to offer flat-dollar-amount homestead exemptions would benefit both homeowners and local taxing entities. At present, more than 800 Texas cities, and more than half […]

A Smart Approach to Closing a Costly Loophole

Senator Rodney Ellis proposed new legislation Tuesday to close a state loophole that allows commercial property owners to skirt their responsibility and significantly reduce their property tax bills below the property’s value by routinely appealing the appraised value of their property. Senator Ellis’ SB 1084 would require commercial property owners protesting appraised value to compare […]

What We Learned at House Appropriations This Week

On Thursday the House Appropriations committee heard from the Legislative Budget Board and the Comptroller of Public Accounts on state budget, economic, and revenue developments affecting the 2014-15 and 2016-17 two-year spending packages. Though membership of the Appropriations committee will change somewhat in January 2015, the group of lawmakers drafts the House of Representatives’ version […]