Tony Trahan

Family owned property tax firm with 200 people and counting

[Tony Trahan @TonyTrahan]

Hey hey, I was interviewed this week by @DallasBizNews on property tax relief during this #txlege session.

https://t.co/QLAs5kzyb8

#retwit

[Tony Trahan @TonyTrahan]

@globalstatesmen @unusual_whales Pinnacle Bank

[Tony Trahan @TonyTrahan]

@R_G_Wasielewski @unusual_whales $2.16MM in property taxes 😵‍💫😵‍💫😵‍💫

[Tony Trahan @TonyTrahan]

@fortworthchris I know a guy

[Tony Trahan @TonyTrahan]

@rohindhar It was close to being repealed last session, it’s getting closer from a percentage of yes vote perspective

[Tony Trahan @TonyTrahan]

@CTourtellotte Or load the cap rate (add the tax rate to the cap rate)

Our guys do it all the time in a falling market on the tax appeal front. Great approach and beneficial for assessments in a year like this year

[Tony Trahan @TonyTrahan]

@georgebann @SpursITKhub @SpursJourno 😵‍💫😵‍💫

[Tony Trahan @TonyTrahan]

@evanrosenfeld They need voter approval. If not passed, you (or the seller) will receive a supplemental bill for the amount that it will increase back up to due to the tax rate increasing. That tax rate then stays for the base rate for next year too

[Tony Trahan @TonyTrahan]

Positive things happening for #cre and #retwit owners in Texas. We talked about an overall .20-.25 cent tax reduction for properties. What we’re seeing out of early ISD tax rate budgets is on par with that. Plano ISD and Frisco ISD both proposing to lower tax rates 18 cents

[Tony Trahan @TonyTrahan]

@samliamcornish But during the Burnley game

Could We

[Tony Trahan @TonyTrahan]

@samliamcornish Love it! Cheers (from Texas in the US)

We’re coming over for the Burnley game end of the season, ecstatic

[Tottenham Hotspur @SpursOfficial]

Mate.

[Tony Trahan @TonyTrahan]

@KovatsMultiFam @evanrosenfeld @DallasAptGP @JasonWhitely @jayfuquay83 Well, overall if you have a 2.2% overall tax rate down in Houston, this 17-19 cent drop will effectively lower your tax rate 10% YOY (without taking into account what your property value did or how good your agent is 😎)

[Tony Trahan @TonyTrahan]

@KovatsMultiFam @evanrosenfeld @DallasAptGP @JasonWhitely @jayfuquay83 I expect Humble ISD to come down 8-9 cents more

Fort Bend is trying to pass a larger budget (with a VATRE) in a year where your tax rate is *already decreasing* so it’s not viewed as “an increase”, but essentially that’s what it is

VATRE - Voter approved tax rate election

[Tony Trahan @TonyTrahan]

@KovatsMultiFam @evanrosenfeld @DallasAptGP @JasonWhitely @jayfuquay83 Yep,

Fort Bend proposing a voter approved tax rate election, if passed, tax rate will go from $1.13 to $.98. If not, it will go to $.94

Humble ISD not out yet, they jumped the gun on budgeting in the summer, so they’ll have to adjust the budget now with the new compression

[Tony Trahan @TonyTrahan]

@DallasAptGP @KovatsMultiFam @evanrosenfeld @JasonWhitely @jayfuquay83

[Tony Trahan @TonyTrahan]

@KovatsMultiFam @evanrosenfeld @DallasAptGP @JasonWhitely @jayfuquay83 Kyle, coming back to you here with Houston area

coming back to you here

Houston ISD - $1.03 --> $.86
Spring ISD - proposed $1.25 --> $1.109
Tomball ISD - proposed $1.23 --> $1.065

[Tony Trahan @TonyTrahan]

@evanrosenfeld coming back to you here

Houston ISD - $.86
Spring ISD - proposed $1.109
Tomball ISD - proposed $1.065

[Tony Trahan @TonyTrahan]

@evanrosenfeld Houston area schools will lag because I don’t believe Harris CAD has yes certified their tax roll. So the schools have no idea what total value falls within their jurisdiction, thus the later publication of rates. DFW area out much earlier

[Tony Trahan @TonyTrahan]

@evanrosenfeld Those are still old budgets or wrong data. They probably aren’t out yet (only about 20% of rates and budgets are out). On the ISD, expect to see a drop of .12-.20 cents overall. Those two still look to not be out yet