CouncilTrac · Matter
Discussion and public hearing on the over-65 and disabled persons property tax exemption
What this is
The Council reviewed and discussed the property tax exemption available to residents who are over 65 or disabled, including holding a public hearing on the topic.
Why it matters
The outcome could affect the size of the tax break available to eligible senior and disabled homeowners in Richardson.
Timeline
- July 9, 2026 Agenda posted — February 3, 2025 meeting
Appearances on agendas
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City Council — February 3, 2025
Review, discuss, and hold a public hearing on the exemption
Official agenda language
REVIEW AND DISCUSS THE OVER 65 AND DISABLED PERSONS EXEMPTION PUBLIC HEARING:
Documents
Related matters
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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.
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Set the 2025 property tax rate at $0.54218 per $100 of assessed value
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State law requires a separate council vote to ratify any property tax increase embedded in the adopted budget for FY 2025-2026.