Utilizing the System: How One Company is Lowering Its Property Tax Bills

 In BLOG

Texas Observer’s Gary Borders analyzes how Luminant Corp., Titus County’s biggest taxpayer and the owner of Texas’ biggest fleet of coal-fired power plants, has “used Texas’ industry-friendly property tax protest system” to decrease its property tax bills during recent years. But how do the Company’s actions to protest property tax affect its communities? Quite substantially. For example, last year, Mount Pleasant ISD’s budget was cut by 10 percent, or approximately $4.2 million in tax revenue.

Read on for an in-depth look at Luminant’s efforts to fight property tax and the significant effects they have had.

Texas Observer: Powering Down

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