25-1375A
Authorize an increase in the homestead property tax exemption for persons who are disabled or 65 or older from $153,400 to $175,000 beginning with the 2025 tax year (fiscal year beginning October 1, 2025) - Total Estimated Annual Revenue Foregone: General Fund ($7,903,798) and Debt Service Fund ($3,220,241)
- Committee
- Budget and Management Services
- Requested by
- Budget and Management Services (BMS)
- Introduced
- April 16, 2025
- On agenda
- June 11, 2025
- Enactment no.
- 25-0906; APPROVED