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Tax assessor: Proposition 9 will remove roughly $42 million in taxable value from Waller County rolls
Summary
WALLER COUNTY, Texas — Tax Assessor-Collector Carolyn Midke told the Commissioners Court that the new state exemption for small business personal property will remove an estimated $42 million in taxable value from county rolls next year.
WALLER COUNTY, Texas — Tax Assessor-Collector Carolyn Midke briefed the Commissioners Court on comparative property-value figures for 2024 and 2025 and warned that a recently passed statewide ballot change will remove a significant amount of business personal property from the county tax rolls.
Using 2025 values, Midke told the court that the new exemption for business personal property valued at $125,000 or less — described in the meeting as Proposition 9 — will remove “it's, like, 42,000,000 of value that we're gonna lose,” from the county rolls next tax year. Midke said that the taxable value loss translates into a smaller revenue loss; on the record the judge estimated that would be “about 230,000.”
Midke also noted that most property categories showed growth between 2024 and 2025 and that the county’s overall growth may blunt some of the fiscal impact, but she warned the court that the state did not provide replacement funds and that the county will need to determine where to find revenue to make up the difference if it wants to maintain the current budget level.
The presentation also included routine notices — Midke told the court that 2025 tax bills have been mailed and offered context about changing voter-registration totals and how Proposition 9 will affect business personal property collections.
No formal fiscal plan was adopted at the meeting; the remarks were presented as an informational briefing for the court to consider in upcoming budget deliberations.
