WDMA Prop C

Tax myth busted by Sen. Bettencourt

by | Oct 7, 2016 | Latest

Sen. Bettencourt Busts Another Property Tax Myth, that 

‘I Did Not Raise Your Taxes, Because I Did Not Raise Your Tax Rate’ 

AUSTIN – Sen. Paul Bettencourt (R-Houston), chairman of the Senate Select Committee on Property Tax Reform and Relief, yesterday busted the property tax myth the committee has heard around the state from elected officials who say, “I didn’t raise your taxes, because I didn’t raise your tax rate.”

“It is time to recognize the obvious in Texas: When property appraised values increase, and tax rates remain the same, that is a tax increase nearly all the time!” Sen. Bettencourt said.

The Select Committee recently heard in testimony at its hearing in Plano that Collin, Montgomery, and Tarrant counties as well as the cities of Dallas, Houston and Fort Worth have all cut their tax rate this year by more than a penny. Tarrant County Tax Assessor-Collector Ron Wright told the Select Committee, “There has never been this much movement in tax rates in a single year” and publicly attributed this to the committee’s hearings in Arlington and across the state.

Major urban areas in Texas are experiencing rapid taxable value growth and, in the past, the vast majority of cities and counties generally leave their rate unchanged or only cut it slightly, taxpayers’ tax bills have increased. In Harris County, for example, the taxable values have increased by $117 billion between 2011 and 2015, resulting in a nearly 53 percent increase in the county’s general fund property tax revenue or a calculated $568 million. During the same time frame, Dallas County’s taxable values grew by $33 billion, a 21 percent increase. Since Dallas County left their tax rate unchanged from 2011 to 2015, taxpayers paid 21 percent more by 2015 than they did in 2011.

“Dallas County Judge Clay Jenkins made a true attempt to cut the tax rate this year in his county, but lost the vote 3–2. Harris County, the largest county in the state, has not set its tax rate but publicly noticed an overall no change in the tax rate. Harris County should follow the lead of the other tax rate cutters,” Sen. Bettencourt added.

0 Comments

NTMWD Plant Smart 2024

Related News

U.S. 380 corridor plan to cost $8 billion

U.S. 380 corridor plan to cost $8 billion

The Texas Department of Transportation (TxDOT) has adopted a 10-year transportation plan worth more than $104 billion. The plan, to improve safety, address congestion and connectivity, includes over $43 billion for development and routine maintenance. The U.S. 380...

read more
Southfork Ranch to get new neighbors

Southfork Ranch to get new neighbors

The simple Southfork Ranch gateway led a generation of TV viewers to “Dallas” drama. Move over, J.R. The Parker Planning & Zoning (P&Z) Commission has approved a new estate development on 200 acres of the Southfork Ranch property bought in October 2022 by...

read more
Collin County adopts operating budget

Collin County adopts operating budget

Collin County officials approved the budget for Fiscal Year 2025 (FY25), marking a 13.1% increase in expenditures and 16.2% increase in revenue from the previous year. During the Monday, Aug. 19 meeting, the commissioners court considered the final budget which...

read more
Budget, tax rate adopted by council

Budget, tax rate adopted by council

The Wylie City Council approved the fiscal year 2024-25 (FY25) budget last week which includes a 5.27% increase in the property tax rate. The new rate will be $0.534301 per $100 of assessed valuation, with $0.417244 allocated for maintenance and operation and...

read more
Make a difference

Make a difference

Join North Texas Giving Day, support local causes In-Sync Exotics hopes to meet its $200,000 2024 North Texas Giving Day goal this year. The funds will help with the nonprofit’s food budget of more $20,000 per month and the more than $240,000 annual veterinary care...

read more
JJ Pearce denies Wylie’s wild comeback

JJ Pearce denies Wylie’s wild comeback

Wylie sophomore defensive back Chase Grandy (27) defends JJ Pearce senior wide receiver Blake Bates during Friday’s season opener for both teams at Wylie ISD Stadium. Photo by Oladipo Awowale, The Wylie News A 57-yard touchdown pass from JJ Pearce senior quarterback...

read more
Order photos