Re­cap­ture takes a big­ger bite

Austin American-Statesman - - MORE OF TODAY’S TOP NEWS -

The fastest grow­ing part of the typ­i­cal Austin home­owner’s prop­erty tax bill has been the por­tion of Austin school district taxes sent back to the state. This “re­cap­ture” pay­ment helps fund school dis­tricts in other parts of Texas. Here’s a break­down of the tax bill for the me­dian-value Austin home over the past five years:

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