April 9, 2018      1:49 PM

Panel: While most debate centers on homeowners, property taxes fall heavily on Texas business

P Terry’s founder says “None of these numbers are going to put me out of business. I’m doing okay…but it’s the next guy who wants to be P Terry is going to have a harder road to plow. We’re shutting that guy down.”

Patrick Terry of P Terry’s has a successful hamburger franchise in Austin. But he also will pay a property tax bill this year that’s increased 42 percent over last year’s total.

Terry was on a panel of business owners addressing the Texas Commission on Public School Finance on Thursday this month. Most panels and commissions have focused almost exclusively on homeowners.

But for every hit a homeowner takes with property taxes, a business owner will take an equal or greater wallop.

By Kimberly Reeves

Copyright April 09, 2018, Harvey Kronberg, www.quorumreport.com, All rights are reserved