AUSTIN (KXAN) — Early Friday morning, the Austin City Council approved a 6 percent property tax exemption for homeowners. Council members Ora Houston, Delia Garza, Greg Casar, and Kathie Tovo voted against the proposal.
Mayor Steve Adler and most of the Council members promised working toward a homestead exemption months ago while campaigning. City Council members started discussing the day’s biggest item after 10 p.m. Thursday.
Earlier this week, Casar offered a new proposition that he developed with Adler. The plan would implement a 5 percent homestead exemption — instead of the proposed 6 percent exemption. The 1 percent of “savings” – which amounts to about $700,000 – would be applied to the city’s Tenant Rental Assistance Program.