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Wink-Loving ISD adopts 20% local homestead exemption, estimated $30,000 in foregone revenue
Summary
Trustees voted to approve a 20% local homestead exemption, a recurring local tax policy that the minutes note typically forfeits roughly $30,000 in revenue; the vote was unanimous.
The Wink-Loving ISD Board approved a 20% local homestead exemption on April 13, 2026. Administration noted the district has historically approved the exemption prior to the end of April and that doing so typically forfeits about $30,000 in tax revenue.
Trustee Chad Evans moved to approve the 20% local homestead exemption and Trustee Jerome Dewberry seconded; the motion passed unanimously. The minutes record the board considered past practice, current economic conditions and cost-of-living increases when making the recommendation.
