To rein in property taxes, two options seem to be proposed: @GregAbbott_TX using disaster powers to freeze all property valuations at 2019 levels or fighting it out with every local government on their rates as they deal with a disaster.
Which do you prefer? #TxLege
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Perhaps those that vote for that option can walk me through it.
If values are frozen at ‘19 levels, you pay taxes on a lower valuation considering average residential property values increased by more than 5% last year and commercial properties are up more.
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But the taxing entities will create new (likely bigger) budgets that require new tax rates every year, right?
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But we capped the amount local governments can raise those amounts. Now, appraisals are the key driver.
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Value means nothing for my tax bill until there's a rate applied. Half the equation. Local gov't generates tax rate to fund their desired bottom line AFTER appraisal role is certified. They have the most control bc it's their budget and they conjure the final variable.
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That’s a convo to have w/
#txlocal But if appraisals are half the equation and you control that half, isn’t the product less? - Pokaż odpowiedzi
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Wydaje się, że ładowanie zajmuje dużo czasu.
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