Highly Regarded Texas County Serving Up Notes With a Twist

Albanese, Elizabeth
May 2003
Bond Buyer;5/20/2003, Vol. 344 Issue 31639, p30
Trade Publication
Harris County of Texas has sold tax anticipation notes to bridge revenue gaps that occur in 2003, before the majority of property tax payments are made in the December to February time period. While many municipal governments have experienced multiyear revenue shortfalls, Harris County has maintained a budget surplus for the last two years, including a 40 million dollar surplus during 2002. Bills that will not be debated in 2003 include several revenue-raising measures that might have held off major cuts to health and human services programs, including Medicaid, the state's Children's Health Insurance Program, and home health care for elderly or disabled Texans.


Related Articles

  • PROPERTY TAX EXEMPTIONS AND LOCAL FISCAL STRESS. Mullen, John K. // National Tax Journal;Dec90, Vol. 43 Issue 4, p467 

    Investigates the relationship between property tax exemptions and municipal fiscal burdens. Measurement of municipal fiscal stress; Importance of partially-exempt properties; Distinction between private and public exemptions.

  • Tax squeeze? Stuart, Stephen // New Orleans CityBusiness (1994 to 2008);11/23/98, Vol. 19 Issue 21, p1 

    Focuses on the property service charge proposal in the December 5, 1998 ballot in New Orleans, Louisiana. Terms of the proposal; Background information about the tax situation in the city and the state in general; Implications for businesses; Arguments raised in favor of the proposal; Revenues...

  • Municipal Finance in the Face of Falling Property Values. Fitzpatrick IV, Thomas J.; Zenker, Mary // Economic Commentary;12/6/2011, Vol. 2011 Issue 25, p1 

    The fall in property values associated with the recent recession has caused a decline in property taxes which may be amplifying local government budget crises across the country. Cuyahoga County is set to reappraise property values in 2012, and when it does it may only then absorb the full force...

  • Resurrection Scrutiny. Shields, Yvette // Bond Buyer;4/13/2005, Vol. 352 Issue 32110, p35 

    Reports that the Chicago City Council has put off a vote on a measure to review whether Resurrection Health Care deserves its exemption from property taxes because of questions about its uninsured billing and collection practices and its level of charity care, Suggestion that several hospital...

  • County sales-tax receipts on target. Phillipidis, Alex // Westchester County Business Journal;11/22/2004, Vol. 43 Issue 47, p1 

    Reports that sales tax collections for Westchester County, New York, are more than on target with projections, due to the half-percetange point increase that took effect in April 2004 as well as the improvement of the economy. Amount Westchester is expected to receive for its budget in 2004;...

  • It's time to make positive changes in Connecticut. Rosenthal, Herbert C. // Fairfield County Business Journal;2/27/2006, Vol. 45 Issue 9, p50 

    The author reflects on the implications of the property-tax reform program on the citizens proposed in the 2006 State General Assembly in Connecticut. He stresses that the scheme would raise funds for towns and cities and should integrate full support of state payment in lieu of taxes. He also...

  • Proposed state budget needs more work. Boughton, Mark // Fairfield County Business Journal;5/3/2004, Vol. 43 Issue 18, p38 

    Focuses on the budget proposal of the Connecticut General Assembly's appropriation committee which calls for increased state aid to towns and cities. Positive aspects of the project; Areas for improvement; Need for property tax alternatives.

  • State should continue the real estate conveyance tax increase. Bliss, Woody // Fairfield County Business Journal;5/3/2004, Vol. 43 Issue 18, p38 

    Focuses on the importance of extending the real state conveyance tax increase for another year in Connecticut. Advantages of the real estate conveyance tax increase in 2003 for municipalities; Municipal government services that a tax increase will help pay in 2004; Call to the Connecticut...

  • Millville the First to Use New Jersey's Revenue Allocated District Structure. Kaske, Michelle // Bond Buyer;12/19/2006, Vol. 358 Issue 32531, p36 

    The article reports on the budget allocation for Millville, New Jersey as part of the government's revenue allocated district (RAD) structures finance project. RAD is also known as tax increment financing districts that enables local governments to allocate new property tax revenue into a RAD...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics