San Antonio City Council is considering raising property taxes for the first time in 33 years to account for the loss of city revenue resulting from rapidly dropping property values, the Express-News reports. The matter was brought up at city council meeting Wednesday afternoon, during which City Manager Erik Walsh said city revenue projections haven’t […]
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San Antonio City Council considering first property tax hike in 33 years
Council members remain divided on the increase, which City Manager Erik Walsh is proposing to address bleak revenue projections, decreasing property values and a growing budget deficit.