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Homestead Exemption Increasing to 20%?!

1,230 Views | 0 Replies | Last: 3 yr ago by Ag9701
XXXVII
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I heard this on the news. Is it true, or being voted on?
Ag9701
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AG
"Council also voted on a 4.7% tax revenue increase from last year. City budget officials said Austin homeowners with the median home value will save about $17.11 on their tax bill. It's important to note the calculation factors in homeowners saving due to the city doubling the homestead exemption from 10 to 20%."

Per KXAN
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