The Conservative Cave
Current Events => The DUmpster => Topic started by: CC27 on November 09, 2023, 11:34:10 AM
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yellowdogintexas (21,384 posts)
Apologies in advance if this is a duplicate. Our property tax bill
is already on line with the adjustments resulting from the Tuesday Constitutional Amendment vote
last year: 1662.67 this includes the Homestead Exemption and Senior Citizen's Exemption
New 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
You should enjoy paying this since you love taxes.
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Now you can donate the savings to the re-elect Trump campaign :-)