Tag Archives: property taxes

It’s going to be a good year for the tax assessor

That should make it a good year for the entities that depend on property tax revenues, as Loren Steffy notes. When Williams Tower sold for $412 million recently, the new owners may have expected a break on property taxes. After … Continue reading

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Why do we give tax breaks to country clubs?

As you know, I’ve talked before about sunsetting tax expenditures. Sens. John Carona and Rodney Ellis have filed a bill to require a periodic review of the many exemptions, exceptions, and other special cases in the tax code, with the … Continue reading

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An opponent for the Controller

Big Jolly reports on a new candidate. There are two powerful elected positions in the City of Houston: Mayor and City Controller. So naturally I was curious when I heard that someone was going to challenge the incumbent Controller Ronald … Continue reading

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More on sunsetting tax expenditures

I say again, this is a good idea that really needs to happen. The Texas tax code is rich with tax breaks. There are tax breaks for industries relocating to the state and for anyone with an Internet connection. Tax … Continue reading

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Senate committee restores some money to public education

Emphasis on the “some”. Texas public schools would get back a chunk of the $5.4 billion in state funding they lost two years ago under a budget proposal adopted by the Senate Finance Committee on Thursday. But they probably should … Continue reading

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School districts are still a long way from getting relief

School districts may have gotten a favorable ruling in the latest school finance lawsuit, and if it survives appeal it could have far-reaching effects on the current system, but that doesn’t mean that things will get better for them now. … Continue reading

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This time it’s different

Why is this school finance ruling different from all other school finance rulings? For one thing, it was way more comprehensive. The changes needed to correct the constitutional violations [Judge John] Dietz identified could comprise the most far-reaching overhaul of … Continue reading

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School finance system ruled unconstitutional

Surely no one is surprised by this. The system Texas uses to fund public schools violates the state’s constitution by not providing enough money and failing to distribute the money in a fair way, a judge ruled Monday in a … Continue reading

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How would you pay for extra school security?

Would you be willing to tax yourself for it? Texas school districts could create special taxing districts to fund more security under a proposal unveiled Tuesday by three Houston-area lawmakers. The Texas School District Security Act would allow school boards … Continue reading

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School finance dispatches

Some bad news for the state in the school finance lawsuit. State District Judge John Dietz directed state attorneys Wednesday to redo a key study that underestimated the funding advantages of higher-wealth school districts — a blow to the state’s … Continue reading

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Your other one-minute real estate update

Basically, real estate good in Houston. Inventory of homes for sale has fallen to a level not seen in more than a decade. Builders are trying to keep up with a growing demand from buyers relocating here for jobs. Realtors … Continue reading

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So how’s public education doing under the Republicans?

Well, for starters, there’s larger class sizes. Northside’s predicament mirrors that of several other local districts with expanding enrollments. It’s part of the argument hundreds of Texas districts are making in an ongoing school finance lawsuit against the state, blaming … Continue reading

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Plaintiffs rest their case in school finance lawsuit

Phase one is over. Hundreds of districts suing the state over its school finance system wrapped up their case Wednesday with testimony that largely blamed the Legislature for creating the current funding crisis that stripped away an unprecedented $5.4 billion … Continue reading

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Patrick teases his school choice proposals

He doesn’t want to call it “vouchers”, but if it walks like a duck… “If there’s one message that I want to send, it’s that I want to champion public education,” said Patrick, the new chairman of the Senate Public … Continue reading

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School finance lawsuit starts today

Ready or not, the latest school finance lawsuit, which Judge John Dietz has called “the granddaddy of them all”, begins today in Travis County. The Statesman takes a look at the history of school finance and associated litigation, and how … Continue reading

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Making the case for the HISD bonds

Bobby and Phoebe Tudor, the chairs of the Citizens for Better Schools campaign, lay out their case for the HISD bond referendum in this Chron op-ed. Study after study has shown that children have more difficulty learning in inadequate school … Continue reading

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On comparing school districts

Easier said than done. The way the state distributes money to school districts, and how much, will be center stage when a trial begins this fall involving more than half of the state’s districts serving the majority of its students, … Continue reading

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Some things are not easily replicated

I have three things to say about this. Harmony Public Schools appears to have cracked the code. The charter school system, with 38 campuses across Texas and more than 23,000 students, regularly produces students who excel at math, science and … Continue reading

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Once again with sales price discolsure

Loren Steffy returns to a familiar topic. By some estimates, Williams Tower could sell for as much as $475 million. When it comes to paying the taxes, though, the 64-story tower will be worth less than half that much. That’s … Continue reading

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No, we can’t eliminate the property tax

The latest wingnut economic fantasy is that we can completely eliminate the property tax and replace it with an increased sales tax. Debra Medina was a champion of this during the 2010 GOP gubernatorial primary, which should give you some … Continue reading

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How long will those school finance lawsuits take?

That depends in part on whether they all get heard together or not. The massive lawsuit over the state’s method of financing schools, scheduled for trial beginning Oct. 22, could continue into January if two challenges by charter schools are … Continue reading

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Today is budget day

The Chron has some questions about the Mayor’s proposed budget. I think the last question is the key one. What happens if the $34 million in additional property tax and $32 million in new sales taxes forecast by the city … Continue reading

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More reactions to the new Astrodome report

Texans owner Bob McNair says “Sure, that’s nice and all, but don’t you forget about me.” “Our first concern is Reliant Stadium,” McNair said Thursday. “We want to make sure we’ve got adequate funds there for repairs, replacement and improvements, … Continue reading

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The Mayor’s 2013 budget

What a difference a year – and better sales tax receipts and a better real estate market – makes. Mayor Parker has unveiled her budget for the 2012-2013 fiscal year, and it promises no service cuts, no layoffs, and no … Continue reading

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Another story about parents and education cuts

I really want to believe that there’s an uprising in the works and that the Lege could be a very different place for the better next year, but I’m reserving judgment on that for now. Deep cuts in school funding … Continue reading

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A good year for real estate

Good news. Area housing prices will rise this year amid a strong local economy and a limited supply, economist Ted C. Jones said Tuesday at an annual symposium on real estate and the economy. Apartment rents could go up as … Continue reading

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Better budget news

For the city. The city of Houston may have $21 million more in income in the coming fiscal year than it had planned on before Wednesday. That’s when it got the news that the Harris County Appraisal District projects that … Continue reading

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More on uniform start times and other options HISD is considering

As we know, HISD is contemplating uniform start times as a way to save a few bucks for the next fiscal year. They do have some other ideas going, as well as a possible property tax rate hike, and they … Continue reading

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HISD to contemplate uniform start times again

They’re back. Bleary-eyed teenagers in Houston ISD could sleep later, but not everyone is cheering a budget-cutting proposal that would change school hours and bus schedules next year. The school board last year rejected a plan to tinker with the … Continue reading

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Property tax revenues still a year away

Getting better, but not quite there yet. Local governments should not expect an influx of property taxes to solve their budget woes this year, Harris County Appraisal District officials said Tuesday. Assistant Chief Appraiser Guy Griscom estimated the countywide tax … Continue reading

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Let’s party like it’s 2007!

Good news: The improving economy and steadily increasing sales tax receipts may mean that we won’t have another budget apocalypse in 2013. Bad news: The Republicans in the Lege will use this as an excuse to avoid fixing the state’s … Continue reading

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Another item for the city’s legislative wish list

Loren Steffy brings up a familiar issue that has added salience now as the city tries to deal with its long term finances. Across the city, prime office buildings are selling for far more than their tax values, leaving billions … Continue reading

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As always, the hole is bigger than we thought

Remember how the Republicans in the Lege underfunded Medicaid by $4.5 billion, which they will have to tap the Rainy Day Fund in 2013 to deal with, in order to make the budget for this biennium appear to be “balanced”? … Continue reading

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Thinking outside the box on the city’s finances

We’ve seen the ideas generated by the Long Term Financial Management Task Force, which I thought lacked a certain amount of breadth to its perspective. Here’s a taste of what else might be out there to think about. Good Jobs … Continue reading

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