The taxpayer funds the majority of county government via the property tax, or ad valorem tax, which is the largest revenue source for Texas counties. Tax Code Section 5.091 requires the comptroller’s office to prepare a list that includes the total tax rate imposed by each taxing unit in Texas, as reported to the comptroller […]
Local Property Tax Levies
Comptroller Releases 2018-19 Summary Report
In tax year 2019, Texas cities, counties, school districts, and special purpose districts levied more than $67 billion in property taxes – 5.51 percent more in 2019 than in 2018, according to the Biennial Property Tax Report. Unlike other taxing units, which can also collect sales taxes and fees, school districts’ only source of tax […]
2018 County Property Tax Report
The taxpayer funds the majority of county government via the property tax, or ad valorem tax, which is the largest revenue source for Texas counties. The 84th Texas Legislature passed Senate Bill 1760, which states that the Texas Comptroller is required to publish on its website a statewide list of tax rates that includes the […]
Comptroller Reports: First Installment Addresses Property Tax
Texas Comptroller Susan Combs recently released the final report in the “Texas, It’s Your Money” series titled Your Money and Pension Obligations. Combs also announced recommendations aimed at improving government transparency for legislative leadership to consider in the upcoming session. This latest report provides a detailed look at state and local pension programs, while the […]
