As the legislative session progresses, two major county issues are emerging. First, revenue caps and appraisal caps will be pushed at every opportunity by their supporters. Amendments will be proposed to every tax or appraisal bill to insert these state controls. Second, the Legislature will continue to propose unfunded mandates. Please continue your communication with … [Read more...] about Major Issues of Legislative Session
revenue caps
Appraisal Caps and Revenue Caps, Same Song Next Verse
As the legislative session begins, a familiar issue looms like a dark cloud on the county horizon. Governor Perry has again endorsed appraisal caps and revenue caps to restrict revenue sources of local governments. Appraisal caps place a 5 percent limit on the annual increase in property values. Some proposals are limited to residential homesteads; others would apply to … [Read more...] about Appraisal Caps and Revenue Caps, Same Song Next Verse