The Texas taxpayer funds the majority of county government via the property tax, or ad valorem tax, which is the largest revenue source for Texas counties. According to the Texas Constitution, the county cannot levy a tax rate in excess of $.80 per $100 of property value for the county’s general fund, permanent improvement fund, road and bridge fund and jury fund. On top of … [Read more...] about 2011 County Property Tax Report
property tax
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 … [Read more...] about Comptroller Reports: First Installment Addresses Property Tax
Texas Counties and the Property Tax
Come mid-September, if you are on the commissioners court, odds are at least one of the top stories in your local newspaper will mention your name – because you just voted on the property tax rate. Setting the property tax rate – which goes hand in hand with adopting the county budget – is one of the primary financial responsibilities of the commissioners … [Read more...] about Texas Counties and the Property Tax