CouncilTrac · Matter
What this is
The council will review and discuss the current property tax exemption available to Richardson homeowners who are over 65 or disabled.
Why it matters
Changes to this exemption could raise or lower the tax bills of eligible older and disabled residents.
Timeline
- July 10, 2026 Agenda posted — February 6, 2023 meeting
Appearances on agendas
-
City Council — February 6, 2023
Review and discuss the over-65 and disabled person exemption
Official agenda language
REVIEW AND DISCUSS THE OVER 65 AND DISABLED PERSON EXEMPTION
Documents
Related matters
-
Discussion: property tax exemption for residents over 65 and disabled persons
Council will review and discuss the city's existing property tax exemption available to homeowners who are over 65 or have a disability.
-
Cast vote for Baine Brooks to the Collin Central Appraisal District board
Council will adopt a resolution casting the city's official vote for Baine Brooks to serve on the Board of Directors of the Collin Central Appraisal District.
-
Cast vote for Pauline Medrano to the Dallas Central Appraisal District board
Council will adopt a resolution casting the city's official vote for Pauline Medrano to serve on the Board of Directors of the Dallas Central Appraisal District.
-
Set the 2025 property tax rate at $0.54218 per $100 of assessed value
Council considers an ordinance levying the 2025 ad valorem tax rate at $0.54218 per $100 of assessed valuation on all taxable property within Richardson city limits as of January 1, 2025.
-
Ratify the property tax increase reflected in the FY 2025-2026 adopted budget
State law requires a separate council vote to ratify any property tax increase embedded in the adopted budget for FY 2025-2026.