A Texas school district wants to increase its property tax rate above the voter-approval rate. Under Texas Tax Code, what must the district do?
Correct Answer
A) Hold a public hearing and then submit the proposed rate to voters in a tax ratification election
Under Texas Tax Code §26.08, if a taxing entity wants to adopt a rate exceeding the voter-approval rate, it must hold a public hearing and then submit the proposed rate to voters in a tax ratification election. Voters must approve the increase.
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A Texas homeowner wants to apply for the homestead exemption. By what date must the application be filed with the county appraisal district?
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