Tax Ratification Elections (TREs) if passed by voters will wipeout state mandated M&O property tax relief Senator Paul Bettencourt (R-Houston) is sounding the Taxpayer Alarm that local school boards have scheduled tax ratification elections (TREs) that, if passed by the voters, will wipeout state mandated maintenance and operation (M&O) property tax relief in their districts. Taxpayers should be alerted that passage of a TRE means they could pay the same property tax rate as they did last […]
