The Record’s online poll from Sept. 6-20 asked readers whether they think the City of San Marcos should have a senior tax exemption.
In August, the San Marcos City Council approved, on the first of two readings, a tax rate of 61.39 cents per $100 valuation that is not exempt from taxation for the 2019 tax year. The previously adopted property tax rate was also 61.39 cents on each $100 of taxable value of real property. Though the proposed rate is the same as last year, if adopted, it will raise taxes by 7.97%, or by $45.30 for a $100,000 home, according to the ordinance. The increase in rate comes from an increase in property valuations.
Councilmember Lisa Prewitt brought up the idea of discussing a senior tax exemption in San Marcos. The city does not currently offer senior tax exemptions, though SMCISD and Hays County do.
