We must end that. And in working with George and Marcus this next session, I want to ensure that we reduce that annual appraisal from 10% to no more than just 3%. We need to stop having your home reappraised every year, going through all that process and instead have your homes reappraised for tax purposes only once every five years. That is all that we did this next session. That alone would dramatically remain the same your property taxes. However, when you add this last component, this last component alone will cut your property taxes in half. (30:13–30:27)
CLAIM
Proposes changing property tax reappraisal frequency from annually to once every five years.
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