News
School leaders keep tabs on tax cap bill
Tasked with trying to fund public education and relieve pressure on local property tax payers, top state officials are moving forward with legislation meant to limit tax rate growth.
Senate Bill and House Bill 2 would require cities, counties and school districts to hold an election if they seek to raise ad valorem rates above 2.5 percent from the previous year. These proposals would not affect smaller taxing units that do not collect more than $15 million in revenue.
In Hays County, the propose...