Senior/Disabled Property Tax Exemption Ordinance
Posted: Fri May 24, 2024 2:02 pm
Council:
I am writing to inform the Council of an agenda item that I am sponsoring that will be on the May 30th meeting agenda addendum.
As you may recall, the Finance Office sent Council a memo last week regarding the analysis of property tax exemptions for senior and disabled homeowners in Austin. Staff indicated in the memo that Council would need to act by May 30th if we would like to consider increasing the exemption.
Along with my co-sponsors, I am bringing an ordinance to increase the senior/disabled property tax exemption from the current amount ($124,000) to $154,000 to hold the annual property tax bill for the median senior/disabled homeowner flat. I have attached a copy of the ordinance to this message board post.
http://assets.austintexas.gov/austincou ... 115023.pdf
As we continue our efforts to make Austin an affordable city, I hope you will all join in this additional means of addressing affordability.
Thanks,
Kirk
On behalf of Mayor Watson
I am writing to inform the Council of an agenda item that I am sponsoring that will be on the May 30th meeting agenda addendum.
As you may recall, the Finance Office sent Council a memo last week regarding the analysis of property tax exemptions for senior and disabled homeowners in Austin. Staff indicated in the memo that Council would need to act by May 30th if we would like to consider increasing the exemption.
Along with my co-sponsors, I am bringing an ordinance to increase the senior/disabled property tax exemption from the current amount ($124,000) to $154,000 to hold the annual property tax bill for the median senior/disabled homeowner flat. I have attached a copy of the ordinance to this message board post.
http://assets.austintexas.gov/austincou ... 115023.pdf
As we continue our efforts to make Austin an affordable city, I hope you will all join in this additional means of addressing affordability.
Thanks,
Kirk
On behalf of Mayor Watson