Battle is on to reduce property taxes after Hurricane Harvey

Houston mayor Sylvester Turner - the deal maker - is not used to losing, but today it almost felt like a revolt against the city leader when it came to your property taxes.

The mayor wanted to keep the property tax rate as it was, but Houston City Councilman Mike Knox wanted it lowered. In a shocking move, a majority of the council supported Councilman Knox lowering the property tax rate.

It would have meant about $8 million in revenue for the city but instead it will save property owners about $7 a year. The reduction brings the tax rate down to the city's revenue cap approved 13 years ago.
Houston City Councilman Mike Knox is on the Factor to talk about it.

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