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EasyDNNNews

Commissioners Court Approves Increase in Homestead Property Tax Exemptions

  • 25 May 2021
  • Author: Connie Odom
  • Number of views: 8811
  • 0 Comments
Commissioners Court Approves Increase in Homestead Property Tax Exemptions

May 25, 2021, the Williamson County Commissioners Court voted to increase property tax exemptions, providing tax relief to all residential homesteads in the county.  Property tax exemptions for persons 65 and older increased from $30,000 to $90,000. Property tax exemption for disabled persons increased from $20,000 to $75,000. 
 
In addition, the Commissioners Court added a homestead property tax exemption for all homeowners of 1.5% of their homestead’s assessed value or $5,000, whichever is greater. In order to qualify for the Homestead Exemption, the property owner must have owned and occupied the property as of January 1 of the tax year. 
 
“In a time of rising home values, I wanted to let our residents know that we recognize the importance of providing tax relief specifically for them.  It is my hope that other taxing entities in the county will look closely at increasing their exemptions as well,” said Precinct 2 Commissioner Cynthia Long who spearheaded the effort.  
 
Homeowners can apply for property tax exemptions through the Williamson Central Appraisal District’s website www.wcad.org.  Applying for exemptions is free. 

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