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Saturday, November 23, 2024

Taxes News

Taxes

Texas cities continue to increase property tax rates: 'Your property tax bill will go up'

Despite lawmakers' continued promises of "historic property tax reform" rooted in three-year-old legislation, local governments – including Fort Worth – have set budgets and rates that all but guarantee property tax increases, according to a statewide fiscal watchdog's analysis.

By Karen Kidd | Sep 26, 2022

Taxes

Quintero: 'The Texas Legislature has a historic opportunity to provide substantial tax relief to all Texans'

James Quintero, policy director for the Texas Public Policy Foundation's Government for the People initiative, pointed out the opportunity for tax relief for residents in Tarrant County and across the state in a recent newsletter.

By Andy Nghiem | Jun 24, 2022

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Chief economist of Texas Public Policy Foundation: 'No matter how you slice it, Texans everywhere need property tax relief'

By Andy Nghiem | Jun 19, 2022

Fort Worth's property tax levy grew faster than the preferred rate of growth from 2016 to 2020, and Vance Ginn, chief economist of the Texas Public Policy Foundation, is advocating for a reduction in property taxes for all Texans.

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Taxes

Chief economist of Texas Public Policy Foundation: 'No matter how you slice it, Texans everywhere need property tax relief'

By Andy Nghiem | Jun 19, 2022

Arlington's property tax levy grew faster than the preferred rate of growth from 2016 to 2020, and Vance Ginn, chief economist of the Texas Public Policy Foundation, is advocating for property tax relief for all Texans.

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New Haltom City bond payments are on the ballot on May 7, 'but right now your 2022 tax bill is zero'

By Emily Bevard | May 3, 2022

A dozen Texas cities have put a combined $2.3 billion in new debt up for vote on May 7. These new bonds would add to the debt currently being paid down by city residents, and while property tax rates might remain nominally unchanged, more debt would increase the payment burden for every individual.

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TTARA: 'Property tax bills would not be going up unless local jurisdictions wanted to spend more money'

By John Kelly | Apr 21, 2022

Texas property taxes have become a subject of discord as home value appraisals have grown higher, culminating in a rise in property tax assessments. 

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Texas taxpayers group: 'Property tax bills would not be going up unless local jurisdictions wanted to spend more money'

By John Kelly | Apr 21, 2022

Texas property taxes have recently been an area of dispute as home value appraisals have risen, leading to increased property tax assessments.

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"Taxpayers should be prepared to defend their wallets this year": Northside ISD Property Tax Exceeds Ideal Growth Rate

By Glenn Minnis | Apr 1, 2022

Texas lawmakers are joining forces to lend bi-partisan support to an effort aimed at lessening the strain on local taxpayers caused by property taxes.

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"Taxpayers should be prepared to defend their wallets this year": Fort Worth ISD Property Tax Exceeds Ideal Growth Rate

By Andy Nghiem | Apr 1, 2022

Property taxes are a point of contention in the state of Texas, an issue that is drawing bipartisan support for decreasing the property tax burden on the state's citizens.

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COVID-19 to blame as Fort Worth sales tax collections drop 1.8% in July

By Bob Pepalis | Oct 8, 2020

Sales tax collections for July 2020 dropped 1.8% in Fort Worth compared to July 2019, totaling $13.1 million.