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Plano outlines homestead and senior exemptions: 20% exemption, $40,000 over‑65 exemption, and tax freeze explained
Summary
Budget staff reiterated the city's existing tax relief for homeowners — a 20% homestead exemption, a $40,000 exemption for homeowners age 65 and older or disabled, and a tax freeze for qualifying seniors — and directed residents to central appraisal district websites for forms.
City of Plano budget staff summarized property-tax relief options available to homeowners, including a 20% homestead exemption, a $40,000 exemption for residents 65 and older (or disabled), and a tax freeze for qualifying seniors.
Director of Budget Karen Rhodes Whitley said, “It is important to remember that the city of Plano is one of…
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