Local Property Taxes Taxpayers' Rights, Remedies, Responsibilities Property Tax Basics Property taxes are based on the value of the property.
Property taxes are local taxes.
Your local officials value your property, set your tax rates, and collect your taxes. However, state law governs how the process works. The property tax provides more tax dollars for local services in Texas than any other source. Property taxes help to pay for public schools, city streets, county roads, police, fire protection, and many other services. The Texas Constitution sets out five rules for the property tax.