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The federal taxes are from 2015 and 2019, according to a notice of lien. Two Arlington council members told ËÄ»¢Ó°Ôº the mayor's personal finances haven't impacted his work as a city leader.

The city needs to either find or cut at least $2.3 million more to fully close the gap. Even then, the city council would need to pull millions from the reserve fund.

Tarrant County is attempting to recoup tens of millions of dollars in unrealized property taxes on buildings owned by out-of-county Housing Finance Corporations.

Abbott signed Senate Bills 4 and 23 and House Bill 9 in the Robson Ranch Clubhouse. All three are part of Republican lawmakers’ efforts to bring tax relief statewide to homeowners, seniors and small business owners.

In a meeting for the city council to set priorities heading into a new quarter, city leaders focused on ways to slash the budget faced with budget shortfall.

Next step will be action in the state House, where budget writers have different plans for distributing property tax help.

This legislative session, Texas lawmakers are hoping to lower property taxes and increase funding for the state’s public schools. Meanwhile, local taxing entities say the state’s recent efforts to curb property taxes are making it harder for them to fund the services they provide.

The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000. The legislation must win approval from the House next.

Local officials, school advocates and tax policy experts said such a proposal could have dire impacts on basic services.

Gov. Greg Abbott touted Texas’ strong economy in his State of the State address Sunday, where he also laid out a list of priorities he wants Texas lawmakers to focus on in the months ahead. These include creating a school voucher-like program and lowering Texans’ property taxes.

Both proposed budgets earmark $1 billion for a school vouchers program.

The city of Denton saw home sales activity fall 10% year-over-year in December. Pending contract activity plummeted 38.6%! What happened? Simple. The more affluent property owners and buyers who had been keeping the averages propped up for most of 2024 took an early vacation.