The 0.01 percent exemption will shave $5,000 off the appraised values of homes that are the primary residence of a property owner.
City Council will vote on a homestead property tax exemption Monday and the budget is slated for a vote on Sept. 12 that may trigger an increase in property taxes for some.
City Council members got budget previews from the San Antonio police and fire departments as the budgeting process for 2020 gets underway.
Most San Antonio City Council members seemed open to providing some form of residential property tax exemption.
San Antonio City Council will consider a $200,000 expenditure to develop a comprehensive homelessness study and funding plan.
On Tuesday, City Manager Erik Walsh will field questions from residents during a citywide conference call about the City of San Antonio’s next budget.