Licensed child care facilities in the city of Bastrop can receive a 50% property tax exemption if they meet criteria set by City Council during a March 11 meeting.
Zooming in
Per the ordinance, the exemption would be based on the value of the facility’s property starting in the 2025 tax year, and does not include home-based and nonprofit providers.
Officials said the property owner must ensure that the rent reflects the tax reduction, which can be passed through a monthly or an annual rent credit.
