Two thirds of the people vote in favor of it. Next is appraisal reform. Appraisals are skyrocketing, and they must be reined in by Texas law. The valuation of your home is The valuation of your home is allowed to go up 10% a year. That must be limited to no more than 3% a year. And as opposed to having your property reappraised every year, have it reappraised only once every five years. And the last is the largest part of your property tax bill is the school district component of the property tax bill. (13:30–13:39)
CLAIM
Asserts that home valuation increases should be limited to 3% annually.
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