CouncilTrac · Matter
What this is
Ordinance No. 4482 would increase the residence homestead exemption for residents aged 65 and older, and for disabled residents, from $130,000 to $145,000, reducing the taxable value of their homes.
Why it matters
Eligible senior and disabled homeowners would see a larger reduction in their city property tax bill.
Council action
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
- July 10, 2026 Agenda posted — February 12, 2024 meeting
- February 12, 2024 Vote taken — February 12, 2024 meeting · Approved 7-0 (consent)
Appearances on agendas
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City Council — February 12, 2024
Adopt ordinance
Official agenda language
ORDINANCE NO. 4482, AMENDING THE CODE OF ORDINANCES 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 THIRTY THOUSAND AND NO/100 DOLLARS ($130,000.00) TO ONE HUNDRED FORTY-FIVE THOUSAND AND NO/100 DOLLARS ($145,000.00).
Documents
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