Property taxes What are they? Everyone who owns property has to pay property taxes. Local governments use the money raised through property taxes to provide important public services in the community. Property taxes help to fund local schools, roads, police departments, and fire fighting services. Learn more Can property taxes be lowered? Yes! You must, however, be able to argue that the actual value of your property is less than the value at which the government appraised it to be. Some people prefer to hire a property tax consulting firm to do this for them so as to avoid the hassle. A few commonly used property tax consulting firms include Texas ProTax, Five Stone, and Texas Tax Protest.