CouncilTrac · Matter

Raise homestead exemption to $105,000 for seniors and disabled residents

Final Ordinance Ordinance No. 4415

What this is

Ordinance No. 4415 would increase the city's residence homestead property-tax exemption for residents aged 65 or older and for disabled residents from $100,000 to $105,000.

Why it matters

Eligible seniors and disabled homeowners in Richardson would see a slightly lower city property-tax bill if this increase is adopted.

Council action

Approved Via consent agenda

Motion to approve the Consent Agenda as presented

Moved by Ken Hutchenrider. Seconded by Arefin Shamsul.

7 yes · 0 no

The approved minutes report the tally without a name-by-name roll call.

Timeline

Appearances on agendas

  • Item 6A Approved

    City Council — February 28, 2022

    Adopt Ordinance No. 4415

    Official agenda language

    CONSIDER ADOPTION OF ORDINANCE NO. 4415, AMENDING THE CODE OF ORDINANCES OF THE CITY OF RICHARDSON, TEXAS, BY AMENDING CHAPTER 12, ARTICLE I, SECTION 12-4, TO ADOPT AN INCREASE IN THE AMOUNT OF THE RESIDENCE HOMESTEAD EXEMPTION FOR INDIVIDUALS SIXTY-FIVE (65) YEARS OF AGE OR OLDER, AND FOR INDIVIDUALS WHO ARE DISABLED, FROM ONE HUNDRED THOUSAND DOLLARS ($100,000.00) TO ONE HUNDRED FIVE THOUSAND DOLLARS ($105,000.00).

Documents

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