Softening housing market sends San Antonio and Bexar County scrambling

SAN ANTONIO – Slowing, or even shrinking, property tax projections are pushing Bexar County and the City of San Antonio to consider ways to pull back on new spending, make cuts, or even raise the tax rate.

“This is not normal,” Bexar County Manager David Smith told county commissioners in an April briefing on the county’s financial forecast.

“This is a very different budget environment we’re about to walk into, and it’s going to require very different measures to stabilize the budget.”…

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