A total of $18 billion in property tax cuts were approved by more than 80% of voters in the November general election and should be reflected in property tax bills that are due by Jan. 31. The cuts come in the form of increased home exemptions, lower school district rates, and limiting the amount property appraisals can rise.Many taxing districts sent out bills before the election that factored in the decrease, anticipating voter approval. For example, in Gregg County in Northeast Texas, the tax bill noted on the back sheet that the lower amount was contingent on voter approval of ...