CITY & SCHOOLS
News from Tarrant County, Keller, Keller ISD & Westlake
Commissioners approve 2 new tax exemptions for homeowners
Administrator announces his retirement
EXEMPTION CHANGES The Tarrant County Commissioners approved two tax exemptions on June 6 to provide breaks for homeowners.
10% County tax exemption 10% County hospital district tax exemption $34 Projected average annual property tax savings for
BY MARK FADDEN
July 1 of the tax year to offer an exemption.
TARRANT COUNTY G.K. Maenius announced his retirement as county admin- BY MARK FADDEN
TARRANT COUNTY Commission- ers approved two new homestead exemptions on June 6. The first exemption is for a 10% exemption on the county tax rate. The second exemption is also a 10% exemption for the Tarrant County hospital district tax. The details: According to the Texas Comptroller of Public Accounts website, homestead exemptions remove part of a home’s value from taxation, thereby lowering the taxes on that property. Rules that counties must take into consideration before approving an exemption include: • The exemption may be up to 20% of a home’s value. • Each taxing unit decides if it will offer the exemption and at what percentage. • The taxing unit must decide before
The 10% county tax rate exemp- tion, which was approved unan- imously, translates to an average savings of $34 in the property taxes homeowners will pay. County Admin- istrator G.K. Maenius estimated the exemption will cost the county between $28 million-$30 million. The second tax exemption for the Tarrant County hospital district proved to be a more debatable issue, passing with a 3-2 vote. O’Hare, along with commissioners Manny Ramirez and Gary Fickes, approved the 10% hospital district tax because JPS Health Network has exceeded their revenue goals over the past several years. Commissioners Alisa Simmons and Roy Charles Brooks voted to deny the hospital district exemption in part because of
G.K. Maenius
each homeowner $28M-$30M
istrator on June 8. His last day in office is Sept. 30, according to a Tarrant County news release. Maenius is the longest-serv- ing county administrator in Texas, according to the news release. He has held the position since 1988 and is the only county administrator in county history. He has worked with four county judges: Roy English, Tom Vandergriff, B. Glen Whit- ley and Tim O’Hare. Tarrant County now has more than 4,600 employees.
Expected amount this exemption will cost the county
SOURCE: TARRANT COUNTY ADMINISTRATOR/ COMMUNITY IMPACT
the $800 million bond package that is currently underway. Quote of note: “Keep in mind, [$34] is a small number now. ... It ends up being in the several hundred dollars 10 years down the road,” O’Hare said. “Right now it looks small, but every dime helps.”
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