By Robert Moore, El Paso Matters On Nov. 4, Texas voters will go to the polls to consider a state constitutional amendment to increase the homestead exemption for school taxes from the current $100,000 to $140,000. Texas leaders are promoting the measure as a means of relieving a major complaint of state residents – high property taxes.
But many taxpayers will still wind up paying a larger property tax bill this year than last year, for a variety of reasons – chiefly higher property taxes from other local governments and continually rising property valuations. That’s true in El Paso, according to projections by El Paso Matters. The impact on individual property tax bills this year will vary widely based on several factors – the change in taxable value of the home since last year, the exem