There are two proposals on the ballot. The first would approve tax cuts for elderly and...
Culebra Road flanks a subdivision Sept. 14, 2021 outside Loop 1604. Three census tracts in the far west side, around Government Canyon, Culebra and Alamo Ranch, are the fastest-growing census tracts in Bexar County.Voters will head to the polls starting April 25 to decide whether to cut property taxes for homeowners by an average $176 a year and provide additional tax savings for elderly and disabled Texans.
State Sen. Paul Bettencourt, a Houston Republican who championed both amendments, has said the first proposal wouldThe increased homestead exemption for schools, meanwhile, about $176 annually starting this year, he said. Actual savings would vary depending upon local tax rates.The propositions would “save money for all 5.67 million homesteads in the state of Texas,” Bettencourt said in a Monday news release. He added that the proposals would not cost school districts funding, as the state plans to replace the local revenues they lose.
“Over-65 homeowners will see their freeze values actually decline, and lifetime savings from both bills in the many thousands,” Bettencourt said.to use federal COVID-19 funds to offer a one-time check to Texans who claimed homestead exemptions on their property.
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