Tweet
Is there anyone here versed in property taxes, primarily regarding new tax proposals?
I live in Hunt County and there is a proposal for Paris Junior College to be annexed and assess an 8.5% property tax. I am seeing all sorts of stuff flying around on social media about them being able to raise the tax at will and that the tax cap is more than 3 times higher than the initial rate, etc.
I love debunking people's claims on Facebook, it brightens my day. My general understanding is that any tax rate increase would have to be voted by the citizens of the county, therefore, not allowing them to raise the tax rate all willy nilly like.
Can someone point me in the direction of some factual information/tax code that I can link to?
Or, am I completely wrong in my assumption? Also, would the proposal be public information where I would be able to make a request for it?
I live in Hunt County and there is a proposal for Paris Junior College to be annexed and assess an 8.5% property tax. I am seeing all sorts of stuff flying around on social media about them being able to raise the tax at will and that the tax cap is more than 3 times higher than the initial rate, etc.
I love debunking people's claims on Facebook, it brightens my day. My general understanding is that any tax rate increase would have to be voted by the citizens of the county, therefore, not allowing them to raise the tax rate all willy nilly like.
Can someone point me in the direction of some factual information/tax code that I can link to?
Or, am I completely wrong in my assumption? Also, would the proposal be public information where I would be able to make a request for it?
I thought life would be lower cost,,,,but no. Between the insurance and taxes thats $6000.00 just to stay in the place that I have paid for.
Comment