Cui Bono: Who Benefits?

Guess which part of the city will get the lion's share of a 20% homestead exemption?


Blogger Dylan Tynan (www.electionaustin.com) went to the trouble of calculating the number of homeowners in each Council district who would be eligible for the proposed 20% city property tax homestead exemption, and, based on the property values, the total amount of tax relief that would be going to each district. No surprise: The wealthier areas of town have by far the most to gain, while the "minority opportunity" Districts 1-4, with greater numbers of renters and lower property values, would see the least benefit. (See "Point Austin, 'Color Me Exempt.'")

No. Eligible Properties Avg. Annual Tax Reduction Total Value of Exemptions % of Total
D1  13,008 $152.04  $1,976,000  5.4%
D2  11,146  $111.61   $1,244,000  3.4%
D3   7,768 $169.67  $1,318,000  3.6%
D4   7,269 $156.12  $1,135,000  3.1%
D5  18,645 $227.76  $4,246,000 11.6%
D6  13,538 $281.16  $3,806,000 10.4%
D7  15,808 $231.48  $3,660,000 10.0%
D8  19,025  $321.24   $6,112,000 16.7%
D9   9,781 $419.04  $4,099,000 11.2%
D10  19,262 $471.24  $9,077,000 24.8%
Total 135,250 $271.15 $36,673,000 100%
READ MORE
More Mayoral & City Council
D7: Pool Cruises
Pool Cruises to Victory
Boyt concedes as Pool celebrates with current and future CMs

Chase Hoffberger, Dec. 19, 2014

D6: Zimmerman's Zenith
D6: Do We Have Your Attention Now?
Zimmerman beats out Flannigan in the oft-overlooked district

Amy Kamp, Dec. 19, 2014

More December 2014 Run-off
District 4 Results Confirmed
District 4 Results Confirmed
Pressley refuses to concede

Michael King, Jan. 9, 2015

D3: Sibling Rivalry Put to Rest
D3: Sibling Rivalry Put to Rest
Renteria claims a decisive victory over Almanza

Mary Tuma, Dec. 19, 2014

KEYWORDS FOR THIS STORY

Mayoral & City Council, December 2014 Run-off, Homestead exemption, Dylan Tynan

MORE IN THE ARCHIVES
NEWSLETTERS
AC Daily, Events and Promotions, Luvdoc Answers

Breaking news, recommended events, and more

Official Chronicle events, promotions, and giveaways

Updates for SXSW 2017

All questions answered (satisfaction not guaranteed)