Posted on 10/28/2019 4:18:31 AM PDT by The Houston Courant
Many cities across Texas are racing to max out property tax rates before strong new taxpayer protections take effect early next year. But this isn’t the case in Von Ormy, Texas. That’s because this small town doesn’t collect property taxes. Located south of San Antonio, Von Ormy is flourishing, thanks in large part to its liberty-centric view of government—an approach that’s been favored for more than a decade.
It hasn’t always been that way. In the past, Von Ormy did collect property taxes, but local leaders implemented a plan to reduce them by roughly 10% a year—and eventually phase them out. That happened in 2015. The city now gets its revenues from sales taxes, franchise fees collected from utility companies, and miscellaneous permits.
In addition to eliminating its property tax, Von Ormy, better known as a “liberty city,” carries no debt, spends little, and has more than enough cash on hand to fully cover maintenance and operations costs for a full year in the event of a sudden emergency.
(Excerpt) Read more at houstoncourant.com ...
My kinda town!
For later
Interesting that you have never made a single comment here.
You just pimp your blog and run.
I can think of several internet boards that could be vastly improved if the OP hasn’t joined the discussion by, say, the fifteenth post the thread auto deletes.
Interesting article. Thanks for posting it.
Thanks for the post - never heard this before.
Got my tax notification in the mail over the weekend. I’m afraid to open it ...
Mine stayed the same.
Another town with no city property tax is Stafford.
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