As Texas homeowners prepare to see the state's larger homestead exemption on their fall tax bills, Austin is moving to claw back part of that relief on the city's side of the ledger.
As Texas appraisal districts race toward the July 25 deadline to certify their tax rolls, the state's two most powerful Republicans are advancing competing visions for the next round of property-tax cuts, and the gap between them will frame the property tax debate.
The amount of local property-tax revenue Texas clawed back from property-wealthy school districts fell sharply in the 2025-26 school year, the first full accounting since lawmakers rewrote the school-finance formulas.
As Texas enters the summer stretch when appraisal rolls are certified and local governments set next year's tax rates, more than 130 cities are entering it under an order that they cannot raise property taxes at all above the no-new-revenue rate.
For the first time since the pandemic-era run-up, some Texas homeowners are seeing their appraised values fall — a shift that, paired with this year's larger homestead exemption, should ease the tax burden on many households when bills arrive this fall.
In late June 2026, the long-term sustainability of the Texas public finance system emerged as a primary point of debate as state leadership proposed a sweeping structural overhaul of the property tax system.
Texas school districts paid more than $2.
Governor Greg Abbott used a Tuesday event in Bullard to promote what he calls a "taxpayer empowerment" plan, a five-point package he says would slow local tax increases and deliver lasting property tax relief.
Filing for three elected seats on Texas appraisal district boards opens July 18.
The Marshall City Council took up an ordinance June 25 to authorize up to $35 million in certificates of obligation for water and sewer work, according to the City of Marshall website.