Posted inLocal Government

Fort Worth eyes increase of tax exemptions for senior residents ahead of budget discussions

As residential property appraisals continue to skyrocket, the city of Fort Worth is considering increasing its senior tax exemption.  Right now, residents over 65 years old in Fort Worth can apply for and claim a $40,000 tax exemption from the city. In effect, that excludes $40,000 of a home’s appraised value from taxation. Around 45,000 […]

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