From the above article, This:
"The biggest property tax relief package came in 2006, when then-Gov.
Rick Perry approved a plan to lower school property tax rates. The annual bill for that measure: $7.1 billion. Despite the large investment, the tax relief was widely ridiculed, as
many Texans still saw their tax bills grow due to rising appraisals and higher local tax rates. Making matters worse, expectations that a new business franchise tax would raise enough revenue to make up for it also never materialized."
And, I don't know how the increase in revenue from the Franchise Tax never materialized, but it kicks our butts pretty soundly.