San Antonio hasn’t raised its property tax rate in 33 years.
But with a $172 million deficit looming, a September 17 council vote ahead, and projections showing the shortfall could grow to $264 million by 2031, the city is nearing a choice it can’t avoid: raise the rate by the maximum allowed without an election or cut more than $130 million in services.
This Texas Tomorrow episode uses San Antonio as the warning flare for every major Texas city squeezed between the state’s 3.5% revenue cap, rising public-safety and infrastructure costs, and years of deferred budget decisions.
What is Texas Tomorrow?
Charles Blain focuses on the issues impacting urban and suburban communities now that will shape the future of Texas for years to come. Texas Tomorrow, a show dedicated to covering the issues important to families living in the fastest growing parts of Texas.