Lots of confusing terms used in #Texas politics: to clarify, a tax rate that is above the "no-new-revenue" rate means rate payers will pay more next year than last year. #Taxes
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But the "no-new-revenue" rate does not necessarily mean the government entity will collect the same amount; in most cases next year they will collect more revenue due to new properties added to the tax rolls.
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Even if the tax rate is lower next year than this year, if your appraised value is higher, you will pay more in taxes this year over last year.
#Houston #HarrisCounty
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#Houston #HarrisCounty
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P.S. Look at the posting for the public hearing for your taxing entity's proposed tax rate; state law requires them to notify you that the proposed rate is a tax increase even if the rate itself is lower.
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