In 2019, the Texas Legislature passed the Texas Property Tax Reform and Transparency Act. The  term “effective tax rate” was updated to the new term “no-new-revenue rate”. Simply stated, when a taxing entity adopts a no-new-revenue rate, it agrees it will not increase property tax (ad valorem) above what is required to…

After four consecutive years of a 0.1799 property tax rate (per $100 valuation), Shenandoah city council voted on August 10 to reverse course and use Montgomery County’s reported No New Revenue rate of .1477 for 2022-23. The formal vote is slated for the August 24, 2022 council meeting. Although this…

Despite multiple objections from residents, city attorney Bill Ferebee claimed state law makes it “pretty darn crystal clear” that the city cannot enforce its own zoning regulations and will likely grant a Special Use Permit (SUP) which would allow medical marijuana to be dispensed near homes along Holly Hill (see…

On August 24, the Shenandoah city council formally adopted (by 5-0 vote) the 2022 property tax of $0.1477 per $100 valuation which is the no-new-revenue rate for the city. This will mean an approximate 18% decrease from last year’s rate. The Woodlands Township directors unanimously voted to actually go below…

On June 8, City Council approved an ordinance increasing the homestead exemption from $75,000 to $100,000 of appraised value for 65+ and disabled homeowners. Council did not engage in discussion about a proposal submitted by Alex Warmath which requested consideration of lowering the property tax rate (ad valorem) for all…