Texas

yellowdogintexas

(22,819 posts)

12. The Texas government has this "rainy day fund" which is exploding

Mon Nov 6, 2023, 08:55 PM

Nov 2023

it hasn't been touched in forever and Democrats have been campaigning for years to release some of that money. So funds were released from that several billion dollar fund to allow this reduction in our property taxes. Interestingly, the League of Women Voters information tells us the average tax savings to the homeowner is approx $1300, and that owners of moderately priced homes will benefit the most.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Old Crank

12 replies

= new reply since forum marked as read

Highlight:

Early Voting Begins Tomorrow in Texas. Those 14 Constitutional Amendments on the Ballot Explained [View all] blogslug Oct 2023 OP

A lawyer friend in Texas Old Crank Oct 2023 #1

Prop 7 Old Crank Oct 2023 #2

A more progressive look at the measures Old Crank Oct 2023 #3

Many, many thanks for posting this, Old Crank! callous taoboy Oct 2023 #5

Thank you! I have shared this with several people. nature-lover Oct 2023 #7

I disagree on Prop 4. Many homeowners will receive a financial boost yellowdogintexas Nov 2023 #10

I have no dog in this hunt Old Crank Nov 2023 #11

The Texas government has this "rainy day fund" which is exploding yellowdogintexas Nov 2023 #12

Thanks for the heads up. joshdawg Oct 2023 #4

Thanks for the resources. tanyev Oct 2023 #6

Prop 6 is a trojan amendment (although it will pass) 73% of the time they do. walkingman Oct 2023 #8

Thank you blogslug Oct 2023 #9