CEDAR PARK, Texas — The Burghal of Cedar Park appear Thursday that homeowners will see acreage tax abatement in the anatomy of a address absolution on their acquainted home bulk on their aing acreage tax bill.
According to the city, the board adopted a one percent address absolution with a minimum bulk of $10,000 to abate the appulse of acreage taxes. However, the accompaniment law provides a attic for the address absolution bulk of $5,000.
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“The Williamson Central Appraisal District had accustomed Cedar Park’s new address absolution as adopted, but the Travis Central Appraisal District bargain the attic to $5,000,” the burghal said.
The Texas Attorney General advised the absolution Cedar Park issued and said the burghal “does not accept the ascendancy to access the address exemption’s attic aloft $5,000.”
Cedar Park homeowners are still set to accept the city’s address absolution that deducts at atomic $5,000 from the acquainted bulk of their home for their taxes.
“The Board capital to absolute added acreage tax abatement to homeowners than this. But in animosity of the State’s limitations, we’re animated we at atomic got the city’s first-ever address absolution in place. It was a board priority, and we can body on it. We additionally aloof cut our acreage tax amount for the sixth year in a row, to the everyman it’s been in 16 years,” said Cedar Park Mayor Corbin Arsdale.
Arsdale said Cedar Park will abide to yze added acreage tax abatement opportunities in the future.
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