City Of Katy Lands Amazon Fulfillment Center, But At What Cost?

Katy Texas Welcome Marquee

“A tree falls the way it leans. Be careful which way you lean.” As residents of Katy Texas are busy making their daily slog down the congestion of the Grand Parkway or the soon-to-be traffic debacle around what is arguably the most expensive high school football stadium on the planet, perhaps it is time to question the pursuit of endless … Read More

Senate Bill 2 Another Insult Among Many To Texas Homeowners

Houston Texas Property Taxes

Senate Bill 2, filed by state senator Paul Bettencourt (CEO of Bettencourt Tax Advisors) is another insult in the long line of insults to Texas homeowners when it comes to property tax reform. Mr. Bettencourt and several other senators authored SB-2 late last year after the committee Bettencourt chaired released a report on recommended changes to the Texas property tax … Read More

Texas Economic Development Fueled By Taxpayer-Funded Corporate Subsidies

Texas Economic Development Gone Wild

Texas economic development continues to be fueled by taxpayer-funded corporate subsidies. An estimated $1.4 billion in property tax revenue has gone uncollected in Texas from 2005 to 2015 as a result of Chapter 313. These are the findings from the state auditor’s report in October 2016. As Texas Observer detailed last year, the free lunch to corporations doing business in … Read More

HCAD’s Two-Tiered Property Tax System Exposed By Recent Apartment Deals

breakeven estimate

(Updated 9-28-16) The bills for your property taxes will likely be going out in the mail next month. In case you needed another reminder of the two-tiered property tax system here in the Houston area, we just received another reminder of the crony capitalism that passes for uniform and “equal” appraisal in the Texas property tax system. According to the … Read More

Fort Bend County Wasting $10 Million Per Year To Maintain Operationally Corrupt “Appraisal” System

A look at the 2015-2016 budget for the Fort Bend County Appraisal District highlights how much money local taxpayers are wasting to support an operationally corrupt appraisal system here in Katy and throughout Fort Bend County. As I have detailed before, local appraisal districts have steamrolled local homeowners with skyrocketing residential property taxes and disparate treatment of different types of … Read More

Miami Investor Capitalizes On Harris County Appraisal Scam…Again!

breakeven estimate

The definition of “fraud” according to Wiki is “the deliberate deception to secure unfair or unlawful gain, or to deprive a victim of a legal right”. Homeowners across the Houston area should now be wondering how long our elected representatives will continue to pretend that our current property tax system is anything but a giant hoax, a work of fiction … Read More

Committee Hearing On Property Tax Reform Provides Hope For Change

Katy Texas Property Taxes

Last week I had the opportunity to testify before the Texas senate committee on property tax reform & relief.  There were several hundred property owners and local officials addressing the issue of skyrocketing property taxes. I was encouraged by the general discussion and much of the testimony that was offered. I was particularly encouraged by the committee’s general consensus that property taxes … Read More