PAXTON FINDS ASPERMONT ONE OF 130 CITIES BARRED FROM TAX RATES ABOVE NO-NEW-REVENUE

Texas Attorney General Ken Paxton says Aspermont is among more than 130 Texas cities sent violation determination letters under SB 1851, a law that can limit a city’s property tax rate to the no-new-revenue rate if the city is found to be out of compliance with certain annual audit and financial statement filing requirements.Paxton’s office announced April 9 that it was requesting fi...

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