Texas Property Tax News

Texas Property Tax Law Updates 12/5/2023

Posted by John Brusniak | Dec 05, 2023 | 0 Comments

Wendy Burgess files for reelection as tax assessor-collector
Fort Worth Report 
Wendy Burgess has filed for reelection as the Tarrant County tax assessor-collector. Burgess, a Republican, has served as the tax assessor-collector since 2019. The tax assessor-collector is responsible for calculating property tax rates, collecting property taxes and issuing car registrations and licenses.


Austin ISD to build affordable housing units for teachers
My San Antonio
A Central Texas school district is trying to combat the price of living for its staff in an unorthodox way. Teachers in the Austin area could soon be living in a home owned by their employer. Austin Independent School District is hiring a company to build nearly 500 affordable housing units for teachers and school district staff.


FDIC: Overdue Office Loans Are New Pain Point For Banks
BisNow
Though the U.S. banking industry is still posting relatively strong net income as of the third quarter, past-due loans associated with CRE, especially office properties, represent a risk to the industry, Federal Deposit Insurance Corp. Chairman Martin Gruenberg said in a speech this week.


Billionaire Texan heir is helping bring back the woolly mammoth
BNN Bloomberg
A Texas oil heir's quest to make Dallas a hub for biotech is showing signs of paying off, potentially paving the way for scientific discoveries ranging from reviving the woolly mammoth to treatments for cancer. Lyda Hill, the 81-year-old granddaughter of wildcatter H.L. Hunt, has funneled millions of philanthropic and investment dollars into developing the industry in her hometown.

About the Author

John Brusniak

John Brusniak is the dean of Texas property tax litigation.  He was licensed to practice law in 1976,   His early career involved general litigation and appellate work in both the federal and state courts until he was handed his first property tax matter.  It arose prior to the implementatio...

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