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Law may require city to lower property tax rate Wichita Falls homeowners are bracing for a higher tax bite after property appraisals rose significantly this year but the tax rate from the City of Wichita Falls may go down. “I think there’s a pretty good chance we will have to lower the tax rate,” City Manager Darron Leiker said. That’s because of new laws on property taxes the Texas Legislature passed in 2019. Under the old law, local governments could realize an increase in their annual property tax revenue of 8 percent over the previous year before residents could petition for a vote to roll back the tax rate.

United statesWichita fallsCity of wichita fallsDarron leikerTreasury departmentTexas legislatureManager darron leikerWichita appraisal districtAmerican recovery actCity councilorsஒன்றுபட்டது மாநிலங்களில்விசிட்டா விழும்நகரம் ஆஃப் விசிட்டா விழும்டர்ன் லெக்ேற்கருவூலம் துறைடெக்சாஸ் சட்டமன்றம்