The City made a big deal out of not raising the tax rate this year, despite losing revenue due to the pandemic. Presumably, people won’t be spending as much money when they stay home, and that will affect the City’s sales tax revenue, among other things.
Your tax bill might still go up, because the Central Appraisal District reckons that property values rose, on average, four percent this year. You could have fought your property valuation, but that window of opportunity slammed shut on May 15, or 30 days after your evaluation.
Even if your property valuation didn’t go up, your still paying more in taxes. Or rather, you’re getting less. The libraries and swimming pools are closed. The citizens collection stations, your neighborhood trash dumps, are closed, or only open one day a week. Starting December 6, Sun Metro won’t operate on Sundays.
Economists call that shrinkflation. Like making your chocolate bars smaller, but charging the same. (I got an M&Ms Fun Pack, like you hand out on Halloween, the other day, and it only had three M&Ms in it.)
That’s what the City has done. We’re paying the same, or a little more, but we’re getting less.
Which, in a way, is an improvement. We’ve been paying more and getting less for the last few years.