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Frisco raises homestead exemptionFrisco raises homestead exemptionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=205052018-07-03T05:00:00Z2018-07-04T00:00:00Z

Homes in FriscoFRISCO – City Council approved an increase to the homestead exemption from 7.5 percent to 10 percent for fiscal year 2019, a 2.5 percent increase.

According to the preliminary projections for fiscal year 2019, the average home value is increasing by approximately 6 percent.

The exemption will not go into effect until 2019.

According to the city, the 10 percent exemption will affect the city’s revenue stream for fiscal year 2019 by approximately $6.8 million.
Community Impact Newspaper
Dallas-Fort Worth-Arlington
Housing
https://communityimpact.com/dallas-fort-worth/city-county/2018/06/29/friscos-homestead-exemption-increased-to-10-percent/Read more at the {Source}

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