Texas cities eye property tax hikes, spending cuts amid yawning budget gaps
- Texas cities including Austin, Dallas, Fort Worth, and San Antonio are confronting significant budget gaps, prompting officials to propose property tax increases and service cuts to manage fiscal strain.
- Broader economic headwinds like inflation and a slower economy are pressuring municipal budgets, creating what Dallas City Manager Kimberly Bizor Tolbert called "our new normal going forward."
- Dallas faces a $51 million shortfall, while San Antonio grapples with a $158 million deficit; Austin homeowners face a 7.4% tax increase, and Fort Worth officials proposed rate hikes paired with spending cuts addressing their $94.4 million gap.
- San Antonio Mayor Gina Ortiz Jones wants voters to decide on directing $489 million in tax revenue toward a downtown arena, while Dallas Mayor Eric Johnson proposed charging non-residents higher fees for the Dallas Zoo and Dallas Arboretum.
- Legislative relief appears unlikely when the Texas Legislature convenes in January, as analysts suggest structural deficits will persist while economic pressures continue limiting options for balancing city budgets.
15 Articles
15 Articles
Dallas tackles $51 million budget gap as Texas tax cap, inflation, and police costs mount
City leaders say Dallas is confronting a serious budget strain of the kind now hitting many big cities, with a projected $51 million gap driven by weaker tax growth, inflation, and higher public safety costs. Here's what to know As the city council prepared for a budget briefing, officials described a local government struggling to absorb steadily rising expenses, the Dallas Observer reported. To help keep the budget balanced, Dallas has already…
Ken Paxton Bars 110+ Texas Cities From Raising Property Taxes – Is Your City On The List?
Paxton Bars 110+ Texas Cities From Tax Hikes Image by CanvaTexas Attorney General Ken Paxton on Monday notified more than 110 Texas cities that they are prohibited from adopting ad valorem tax rates above the no-new-revenue tax rate. The action stems from the cities’ failure to meet state financial statement audit and transparency requirements under Senate Bill 1851. The letters follow Paxton’s investigation of more than 1,000 Texas municipaliti…
Ken Paxton Bars 110+ Texas Cities From Raising Property Taxes - Is Your City On The List?
Texas Attorney General Ken Paxton on Monday notified more than 110 Texas cities that they are prohibited from adopting ad valorem tax rates above the no-new-revenue tax rate. The action stems from the cities’ failure to meet state financial statement audit and transparency requirements under Senate Bill 1851. The letters follow Paxton’s investigation of more than 1,000 Texas municipalities. In May, his office sent similar notifications to more t…
Denton Record-Chronicle
Texas cities eye property tax hikes, spending cuts amid yawning budget gaps
DALLAS — Texas cities have floated unusual proposals to slash their spending as they face yawning budget gaps, from laying off employees and charging nonresidents higher zoo ticket prices, to asking voters to reconsider public funding to a new arena…
Paxton bars more than 110 Texas cities from raising taxes over audit failures
Paxton bars more than 110 Texas cities from raising taxes over audit failures Click this link for the original source of this article. Author: Texas Scorecard This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the...
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