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Texas plans to cut school property taxes using its surplus, but experts warn of sustainability risks.
Texas leaders, including Governor Greg Abbott and Lt. Gov.
Dan Patrick, are advancing plans to cut school property taxes, with Patrick's "Operation Double Nickel" proposing expanded homestead exemptions and lowering the senior benefit age to 55.
The plan, funded by the state’s $4 billion surplus, aims to eliminate property taxes for homeowners while maintaining school funding through state payments.
Experts and advocates warn of long-term sustainability risks, especially for rural and low-income districts, and question whether increased sales taxes—potentially from 6% to 14–15%—could reliably replace lost revenue.
The proposals are still in early stages and expected to be debated in the 2027 legislative session.
Texas planea reducir los impuestos a la propiedad escolar usando su excedente, pero los expertos advierten sobre los riesgos de sostenibilidad.