King: Property taxes tell tale of our economic boom (Chron.com)

Photo courtesy of Crainsnewyork.com

Photo courtesy of Crainsnewyork.com

by Bill King

Property taxes are the single most significant source of revenue for our local governments. At the city of Houston, property taxes make up about half the general fund receipts. At HISD, it is about 60 percent and nearly 75 percent for Harris County.

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