For the proposed disabled persons exemption, Chief Financial Officer Michel Sorrell said at council's March 19 meeting that this would call for a $60,000 exemption. According to data provided by the Williamson County Tax Assessor-Collector's office, 154 homesteads would qualify for the exemption.
Citizens eligible for both a senior homestead exemption and a disabled persons one can only apply for one of the two, as confirmed by Sorrell on March 19 and by Larry Gaddes, Williamson County tax assessor-collector, at a Feb. 27 council workshop.
The ad valorem tax homestead limitation, or ceiling, is also in the amount of $60,000 and is applicable for citizens age 65 and older as well as for those with disabilities. Once tax limitations are enacted by governing entities, they cannot be repealed, as confirmed by the city's legal counsel April 2.
Both the ad valorem homestead tax limitation and disabled persons tax exemption go into effect for fiscal year 2020-21 property tax bills.