BRIEF SURVEY OF HOMESTEAD EXEMPTION MAY DISAPPOINT TAXPAYERS

BRIEF SURVEY OF HOMESTEAD EXEMPTION MAY DISAPPOINT TAXPAYERS

In a recent facebook post Campaign for Liberty Regional Director Kelli Cook pointed out that 237 Texas  county commissioners courts have granted homestead exemption to their tax payers and that Montgomery County is one of  few that have not approved any homestead exemption. This is the same Commissioners Court that has granted a series of tax abatements to billionaire developer and Lord of the RUD Dirk Laukien and once granted an abatement to  a fraudulent fuel distributor that was ordered to make $18 million in restitution, $8 million in penalties and $2.7 million in fees to the State.

Texas law allows a local option General Homestead exemption of up to 20%, an Over 65 exemption and others including up 100% for service disabled veterans. The Court can also grant exemptions to other disabled persons at their discretion.

County Citizen wanted to see what other counties are offering in comparison Montgomery County and the results based on a simple web search and a few phone calls may serve as a basis for more taxpayer dissatisfaction with the court. While the results are not surprising they will probably disappoint most taxpayers who have been footing the bill for otherwise generous corporate abatements.

Since county salaries have been under taxpayer scrutiny in recent months  we  thought to include the  salary of the CEO of each entity in the survey, reader can decide if there is any meaningful correlation between that salary and the magnitude of exemptions granted.

Review the results.

TAXING COUNTY/OTHER 2016 TAX RATE HS OV65 DV DP Population CEO Salary SOURCE
El Paso 0.452694 5000 20,000 100% 20,000 836,000 $87,578 SOURCE
Nueces 0.304092 20% 62,500 100% 62,500 360,000 $96,975 SOURCE
Fort Bend 0.458 20% 100,000 0 100,000 716,000 $127,231 SOURCE
Brazoria 0.457405 20% 100,000 100% 100,000 215,000 $132,961 SOURCE
Collin 0.208395 5% 30,000 0 20,000 914,000 $141,430 SOURCE
Montgomery 0.4767 0000 35000 0000 0000 550,000 $164,745 SOURCE
Galveston 0.546247 20% 60,000 100% 60,000 325,000 $167,400 SOURCE
Harris 0.41656 20% 160,000 100% 160,000 4,200,000 $175,538 SOURCE
Conroe 0.42 0 15,000 0 7500 50,000 $184,000 SOURCE
Woodlands Township 0.023 0 25,000 0 25,000 100,000 $260,000 SOURCE

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