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Texas AG restricting tax rate for city of Newcastle
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Texas AG restricting tax rate for city of Newcastle
The city of Newcastle was one of over 130 Texas cities notified by Attorney General Ken Paxton that they are prohibited from raising taxes above the no-new-revenue rate after failure to be transparent with taxpayers.During the 2025 legislative session, Senate Bill 1851 was enacted which bars cities from raising property taxes above the no-new-revenue rate if they do not meet the states’ financial statement audit and transparency requirements.
·Graham, United States
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