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Council delays decision on proposed 20% homestead exemption; seeks legal and fiscal analysis
Summary
Council debated a proposed 20% general homestead exemption and whether to repeal the $50,000 senior exemption. Council members requested further legal and fiscal analysis; the motion to postpone to May 5 passed 5–2 (Councilwoman Chen and Councilmember Kelly voted no).
Council members discussed a proposal on April 7 to institute a 20% general homestead exemption for city property taxes and whether to rescind the $50,000 exemption for homeowners age 65 and older. Council directed staff to return with legal analysis and fiscal impacts and voted to postpone the item until May 5.
Councilmember Kelly,…
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