Property Taxes
By Ryan Casey Stephens, FPQP®Special Contributor Welcome to another week, one that is already a mixed bag of good and bad. On the one hand, the average 30-year fixed rate just hit its highest level since the 2008 financial crisis, and at a time when we expected rates to drop. At the same time, inflation…
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April brought us the news that the Texas House and Senate had finally come to terms and passed the promised property tax relief we have been hearing so much about. I was thrilled, of course, though the state did not go as far as I think it should have. Still, on the surface, this legislation…
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After two special sessions and more than a few proverbial shots fired from both chambers of the Texas Legislature, Republican lawmakers reached an agreement Monday to provide property tax relief. The Texas Tribune broke the news Monday morning: The $18 billion compromise between the Texas House and Senate — which includes more than $5 billion…
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Texas Gov. Greg Abbott promised voters a property tax cut and his latest action appears to send a clear message that the legislative session won’t end until he gets one. Abbott called another special session Tuesday, less than two hours after the House and Senate failed to reach an agreement on how to distribute $17.6…
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The proposed City of Dallas budget won’t be unveiled until Aug. 8, but a 72-page Dallas City Council presentation is giving penny-pinching taxpayers plenty to digest in the interim. Chief Financial Officer Jack Ireland reviewed the 2023-24 and 2024-25 budget and responded to general questions during a June 21 briefing. The City Council adopted a…
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