1. Texas Oil and Gas Association March 7, 2018

2. 2006-2016 Property Tax Levy Growth
Since 2006, Property Tax Levies by class of taxing jurisdictions have grown by 42%, 69%, 72% and even over 100%.
Sources: Texas Comptroller of Public Accounts; 2016 data subject to revision

3. LOCAL TAXES VS. HOUSEHOLD INCOMES
Sources: Texas Taxpayers and Research Association; U.S. Census American Community Survey (ACS)

4. Property Taxes on a Median Valued Home vs. Median Household Income
In 2016, Property Taxes on a Median Valued Home Grew 2.94 Time Faster than Median Household Income.
Sources: Texas Comptroller of Public Accounts; Texas Real Estate Research Center, Federal Reserve, US Bureau of Labor Statistics

5. Typical Houston Homeowner’s Property Tax Bill for 2017 and the Cumulative Change Since 2013
Jurisdiction
Avg. Taxable Value
Tax Rate
Tax Bill
Year over Year (YOY) $ Increase
YOY Percentage Increase
Cumulative $ Increase since 2013
Cumulative Percentage Increase
Houston ISD
$ ,544 $
$ ,601 $
5.48% $
38.86%
Harris County
$ ,822 $ $ $
5.43% $
43.84%
Harris Co Flood Cntrl $ $ $
5.13% $
42.85%
Port of Houston Auth $ $
$ (0.23)
-1.08% $
4.41%
Harris Co Hosp Dist $ $ $
4.64% $
43.58%
Harris Co Educ Dept
$ ,445 $ $ $
5.54% $
16.25%
Hou Community College
$ ,067 $ $ $
5.40% $
47.83%
City of Houston
$ ,701 $
$ ,050 $
5.20% $
27.90%
TOTAL TAX BILL
$ ,924 $
5.33%
$ ,341
37.45%

6. Tax Growth by Taxing Jurisdiction 2013-2017

7. Average City of Houston Homeowner’s 4 Year Property Tax Bill Increase

8. Typical Fort Worth Homeowner’s Property Tax Bill for 2017 and the Cumulative Change Since 2013

9. Tax Growth by Taxing Jurisdiction 2013-2017

10. Senate Bill 1 from Special Session
Provides property tax relief by lowering rollback rate from 8% to 4%
Provides an automatic Tax Ratification Election (TRE) in November, if rollback exceeded
Provides many transparency reforms
Establishes the Property Tax Administration Advisory Board

11. Why did Senate Bill 1 from Special Session Die?
Amended bill sent back by the House would have only impacted 4 Counties to have a TRE
Senate appointed a Conference Committee to work out the differences
House adjourned sine die 27 hours before the end of the Special Session, never appointing any SB 1 Conferees
Without anyone to negotiate with, the Senate adjourned and the bill died
However another bill did pass that moved the real property protest deadlines to May 15th

12. Business Personal Property
Current Business Personal Property (BPP) exemption amount is $500
Last Session I filed SB 730 that would have increased the BPP exemption amount to $2,500
Bill passed the Senate but never received a committee hearing in the House
For amounts less than $2,500, in an average case it costs more to administer and collect than the revenue provided to a taxing entity
A bill that did pass last session, moved most counties BPP rendition deadlines to April 1st

13. 86th Legislative Session
Refile bill to increase BPP exemption to $2,500
Propose legislation to increase Mineral Interest exemption to the same amount
Refile bill to simply Freeport exemptions
File bills for more transparency and reform in the appraisal and tax rate process, including lowering the rollback rate
Governor Abbott has proposed a 2.5% revenue cap on all taxing entities (See Slide 2 graph)

14. Senator Paul Bettencourt
Senate District 7
Capitol Office District Office