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%

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