October 2015, Houston residents will get the largest city tax cut in years, as the revenue cap voters imposed a decade ago begins to have its first noticeable impact on the city budget.
The City Council on Wednesday unanimously adopted the new property tax rate, about 60 cents per $100 of home value, down from about 63 cents. The new rate is the lowest since 1987.
http://www.houstonchronicle.com/news...es-6582919.php