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yellowdogintexas (21,384 posts)Apologies in advance if this is a duplicate. Our property tax billis already on line with the adjustments resulting from the Tuesday Constitutional Amendment votelast year: 1662.67 this includes the Homestead Exemption and Senior Citizen's ExemptionNew bill: 790.17 after the new Homestead Exemption. The Senior Citizen Exemption remains the same. (also Disability Exemptions, if applicable.)All the literature I could find indicated the biggest impact in total dollar reduction would be moderately priced homes.Good job voters.On the surface, this appears to be a reduction in education funding, however the Legislature voted (finally) to use money from the $29 billion (so called) rainy day fund to replace the property tax dollars.This fund was also tapped for a couple of other things (teacher pension COLA) and it is high time some of it was used. This fund has grown significantly since 2014 when Wendy Davis ran for Governor.https://www.democraticunderground.com/100218441611