Texas voters say ‘yea’ to property tax exemption increases

FORT Well worth (CBSDFW.COM) – Voters throughout the point out voted on May possibly 7 to go two constitutional amendments supposed to deal with climbing home taxes.

The initially modification limitations advert valorem taxes for schools. It handed with 87% assist.

The 2nd will increase the homestead exemption from $25,000 to $40,000. It handed with 85% of the vote.

Governor Greg Abbott declared the amendments a “victory for all property entrepreneurs in Texas” in a tweet.

Meanwhile, in Fort Well worth, voters handed five city proposals that will allocate cash for various projects.

• Proposition A will deliver $360 million for streets and mobility jobs. It handed by a much more than two-to-a person margin.
• Proposition B earmarks $124 million for parks and recreation facilities. This features funding for a new aquatics heart in Halt 6 and rebuilding the Forest Park Pool. It passed with 62% support.
• Proposition C, which handed with 61% assistance, supplies $12.5 million for a new library in Northwest Fort Worth.
• Proposition D passed by the greatest margin with 72% of the vote and will supply $39 million for police and fireplace public safety amenities.
• Proposition E delivers $5 million for the city’s open area method and in direction of purchasing purely natural places. It passed 57% to 43%.

In a statement on Sunday, Mayor Mattie Parker thanked voters and explained the bonds will allow the town to fund crucial initiatives that will construct more powerful communities and support a increasing Fort Truly worth.

Having said that, a person proposition that did not go would have presented the Mayor and metropolis council a spend elevate. Voters turned down the evaluate, with over 1,300 votes separating “no” from “certainly.”