Wednesday, October 30, 2019

Property Taxes

Remember when the Texas political leaders promised property tax relief for all? And then when the state legislature passed and the Governor signed HB3 to great fanfare that the promise had been kept.

Lets do a check on that claim.

Average Georgetown 2019 home value: $278,113
City property taxes: $1168

Average Georgetown 2020 home value: $285,357
City property taxes: $1199

That $7742 increase in the appraised value of the average home results in a $30.42 increase in property taxes.

Some tax cut!

But, wait till next year say the politicians!

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