Big TAX problem for House Corps

[Tom Earp]

That is not UT housing!

No dirt floors either with log siding!

[bejazd]

The person I was talking to must have had the wrong school in Texas. A friend of mine was in a fraternity at Texas Austin, Sigma Nu maybe? but I don't think he lived in the house because he worked for Oakwood Apts and got a free apt. I remember him talking about the shortage of student housing. Are the greek houses all in one neighborhood like a row or spread out around the campus?

I was under the impression that in Texas the method for determining property taxes is very different from California and because of the way taxes are determined, there is a lot of inequality in funding for public school districts from neighborhood to neighborhood. If anybody has any knowledge, I'm just curious.

[yalenole]

Texas has Independent School Districts (ISD). I'm not sure how the boundaries were drawn many years ago. The tax colector is housed in school board officies and may be an employee of the school board. I never asked that when I lived in TX. 100% of property tax goes to the school district. I don't know the formula used to determine tax rate, but I'm sure the state regulates it somehow. But certainly there are inequities as the value of property varies by ISD such as in the Houston area where there are projects in some areas and the neighborhood called River Oaks where George and Barbara Bush use to live before he was elected President. There is an ISD in east TX who had many oil wells which made them so rich they chose not to accept any state/federal money for their schools! I've seen some of the Greek houses at UT Austin and I'm sure they could have a rather heafty property tax bill. I'll see if I can find out about that.