The City of Houston collects taxes to build roads, protect citizens, and provide services. These services are paid with money mostly from property taxes, taxes levied on land, buildings, and resources generating income.
Houston’s income starts at the county level. The county appraises property through the Harris County Appraisal District (HCAD), a district that values property for a number of organizations: The City of Houston, Houston Independent School District, Colleges, and special districts. One special district our division focuses on are TIRZs (Tax Increment Reinvestment Zones), geographic areas, reinvesting their economic growth within their boundaries.
The economic development division works closely with HCAD, using their data to project and analyze policy decisions. Similarly, the division has developed new taxing jurisdictions (such as TIRZs) to monitor, forecast, and reimburse funds for economic development.
To learn more about property taxes and the appraisal process please visit the HCAD website.