Houston mayor threatens tax hike for hurricane cleanup if state doesn't cough up funds - News Summed Up

Houston mayor threatens tax hike for hurricane cleanup if state doesn't cough up funds


Greg Abbott and Houston Mayor Sylvester Turner are clashing over how to pay for Hurricane Harvey cleanup – with Turner threatening to raise taxes if the state doesn't free up more funding. The Democratic mayor wants the GOP governor to tap into the state’s nearly $10 billion rainy day fund, warning he may have to raise the city’s property tax if Abbott doesn’t pay. Turner proposed a 3.6 percent property tax increase for one year if he doesn’t get the rainy day funds. The mayor’s office said the tax hike would cost the average Houston homeowner $4.03 per month for the year. According to the city’s insurance broker, another $100 million policy for future flooding would cost $10 million, Turner wrote.


Source: Fox News September 27, 2017 19:16 UTC



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