Saturday, September 17, 2016

Houston's Revenue Cap May Force Property Tax Cut.


Due to the cities revenue cap, the City of Houston will likely be forced to cut the property tax rate.

This is good news for those who want lower taxes and bad news for those who want better services.

Mayor Sylvester Turner is against the revenue cap and plans to put a measure to repeal the revenue cap on the ballot in the Fall of 2017. The rate will be held at 58 cents per every $100 of property value. City Council will vote on this property tax cut on September 21st, 2016.

I think Houston needs to ensure that it only funds what is necessary, that is why we need a revenue cap. If this cap is forcing us to cut spending which is absolutely necessary, maybe it should be repealed. Maybe a better solution is electing city leaders that will not waste our money.

1 comment:

  1. I still like the idea of a cap on revenue. It does force the city to control their spending.

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