Increasing the City of Austin’s tax exemption for residents 65 and older and the disabled could cost the city a substantial amount in lost revenue. According to Deputy Chief Financial Officer Ed Van Eenoo, who wrote in a memo in response to requests from Council members during last year’s budget discussion, even a small change […]
property tax exemptions
Generally, discounts on homeowners’ property tax bills. This can refer to elective such elective status as historic discounts and the broad discount offered by Travis County and other entities for a property owner’s homestead. That exemption, called the Homestead Exemption, is offered for homeowners who occupy the home in question.