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San Antonio auditors warn of roughly 37% revenue shortfall if proposed property tax exemption passes
Summary
Auditors told the City Commission that a potential property tax exemption on the November ballot could reduce San Antonio’s revenue by about 37%; the commission approved the audit report unanimously and discussed budget implications.
Auditors from accounting firm DGPerry presented the city’s fiscal audit to the San Antonio City Commission on June 16, warning that a proposed property tax exemption on the November ballot could cause an approximate 37% loss in city revenue.
Marcy Reutimann and Sherryville Preston of DGPerry summarized the audit findings and emphasized the scale of potential impact to the city’s general fund should the exemption pass. After the presentation, Commissioner Blaze Drinkwine moved to approve the audit report; Commissioner Caitlin Bolender seconded the motion, which passed unanimously.
The audit presentation was framed as a fiscal warning: the presenters said the 37% figure represents an approximate revenue reduction under the scenario described in the audit materials. Commissioners did not vote on any follow-up budget actions during the meeting. Mayor John Vogel reiterated priority areas for the year — roads and transportation, a new water tower and exploring responses to the proposed tax exemption — but no specific budget cuts or contingency measures were adopted at this session.
The commission approved the audit report for the record and will incorporate the audit into future budget planning discussions; no further action was taken at this meeting.
