Texas would need about $81.5 billion a year to end property taxes, officials say

  • Completely eliminating Texas’ high property taxes would have cost the state $81.5 billion last year — or more than half the state’s current two-year budget — state budget officials told Texas senators Wednesday. Credit: Jordan Vonderhaar for The Texas Tribune
    Completely eliminating Texas’ high property taxes would have cost the state $81.5 billion last year — or more than half the state’s current two-year budget — state budget officials told Texas senators Wednesday. Credit: Jordan Vonderhaar for The Texas Tribune
    Sept. 4, 2024“Texas would need about $81.5 billion a year to end property taxes, officials say” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, government and statewide issues.Texas would have to spend tens of billions of dollars to get rid of...

    Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.