Red Pear Realty said:
How does that play into this? Will that need to be approved by voters?
https://www.texastribune.org/2019/06/12/abbott-signs-property-tax-bill-sb2/
It seems like the revenue for the county cannot go up 3.5% without a vote. Before, the 'trick' to raise revenue was raise valuations; they can claim they kept taxes 'low' or 'didn't raise taxes!', but let the valuation go up.
They will get their money, one way or another. Either raise the rates and your house stays the same value or keep the rates the same, but let your house value go up.
People looking to downsize and move out tend to like option #2; those that want to buy and live for a while in a place like option #1.
~egon