Analysis: Property tax relief that doesn’t lower your tax bill

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Analysis: Property tax relief that doesn’t lower your tax bill
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Texas lawmakers tried to lower property tax bills during their 2019 session, and a new report says they put a dent in the problem: Taxes aren’t rising as quickly as they would have. But they didn’t solve it: Property taxes are still rising.

— from the Texas Taxpayers and Research Association, a business trade group that concentrates on tax and fiscal policy — concludes that property tax increases will slow, but won’t stop.It’s like having a headache that’s not as bad as the headache you’d have had without their intervention.

But tax bills, which are based on those two numbers, continue to increase. That check you write every year is still getting larger every year.Property value notices, that harbinger of future tax bills, are being delivered in a matter of weeks. News alert: The higher values are good news if you’re selling, bad news if you’re buying, probably bad news if you’re going to be paying next year’s tax bill.since the 2019 Legislature did its work on property taxes.

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