FACT: Blanket Upzoning Leads to Higher Property Taxes and Displacement
KEY POINTS: The City of Austin claims it is “unclear” if blanket upzoning can cause higher property taxes Travis County Chief Appraiser Marya Crigler undermined the city’s assertion during a council work session, maintaining that upzoning can lead to redevelopment and higher property valuations An internal city document backs up the chief tax appraiser’s comments, ...