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24-2052

Authorize an increase in the homestead property tax exemption for persons who are disabled or 65 or older from $139,400 to $153,400 beginning with the 2024 tax year (fiscal year beginning October 1, 2024) - Total Estimated Annual Revenue Foregone: General Fund ($5,402,040) and Debt Service Fund ($2,072,628) (This item was deferred on June 12, 2024)

ITEMS FOR FURTHER CONSIDERATION - UNDER ADVISEMENT Approved Introduced June 14, 2024
Committee
Budget and Management Services
Requested by
Budget and Management Services (BMS)
Introduced
June 14, 2024
On agenda
June 26, 2024
Enactment no.
24-0967; APPROVED

Where it was heard

City Council Jun 26, 2024