Two propositions will be on the statewide ballot. Gov. Greg Abbott officially set the upcoming election date Wednesday. Story by Texas
Students recite the Pledge of Allegiance on their first day of school at San Antonio ISD's Stewart Elementary.Texas voters will decide whether to lower some property taxes that fund schools in a May 7 special election.officially set the upcoming election date Wednesday.
The first proposition would draw down property taxes for elderly and disabled Texans by reducing the amount they pay to public schools, which typically makes up most of a homeowner’s tax bill. The state would then cover that reduced revenue for school districts. The measure would cost the stateThe second measure would raise Texas’ homestead exemption from $25,000 to $40,000 for school district property taxes, whichon their annual property tax bill.
Both measures passed during special legislative sessions last year with bipartisan support from lawmakers.
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Texas voters will decide whether to lower some property tax bills in May electionIf two propositions pass, the state will increase school funding to make up for revenues lost from a decrease in property taxes.
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