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Council directs staff to draft ordinance for 20% homestead exemption and to adjust senior exemption level
Summary
After months of discussion, Fate council directed staff to prepare an ordinance to adopt a 20% general homestead exemption and to reduce the $50,000 senior exemption to the statutory minimum ($3,000); the motion passed 5–2 and will return for council consideration.
The Fate City Council on May 5 directed staff to draft an ordinance establishing a 20% general homestead exemption and to modify the city’s 65‑and‑older exemption, with the motion passing 5–2. Council instructed staff to bring the draft ordinance to the next regular council meeting for formal consideration.
Tyler Allen, a councilmember, said the 20% exemption would "provide tax relief to all the homeowners in the…
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