Guadalupe County Reports 1.7 Percent Increase in Taxable Property Values Amid New Exemptions

During the Schertz-Cibolo-Universal City ISD Board Meeting on August 7, 2025, significant discussions centered around updated property values and their implications for the district's budget. The meeting highlighted the impact of recent legislative changes on property taxes, particularly for senior residents.

The board received certified property values, which revealed a 1.7% increase in taxable value overall. However, the new exemptions introduced by Senate Bill 4, which raised the homestead exemption for all homeowners and significantly increased the exemption for seniors, resulted in a notable decrease in taxable values. Specifically, Guadalupe County experienced a 12% reduction in taxable value compared to the previous year, while Bexar County saw a 3% decrease. This shift is expected to affect the district's revenue and budget planning.

The board emphasized the importance of understanding these changes as they prepare for the upcoming budget day on August 18. They plan to review the debt service fund and finalize the interest and sinking (I&S) rate, which is crucial for managing the district's debt obligations. The discussions included a detailed breakdown of the budget items to ensure transparency and clarity for board members before the formal budget presentation.

As the district navigates these financial adjustments, the implications for local residents, particularly seniors benefiting from the increased exemptions, will be closely monitored. The board's proactive approach aims to address community concerns while ensuring fiscal responsibility in the face of changing property values.