Austin becomes the first city in Texas to provide property tax relief to child care providers, aiming to alleviate financial burdens for operators and families. The city council voted for a 100% property tax exemption for eligible child care operators starting in 2024.
Austin became the first city in Texas to offer property tax relief to child care providers just two days after. The passage of Prop 2 allows Texas cities and counties to give property tax breaks to eligible child care operators. It's a move that local leaders hope will provide some financial relief for child care operators and the families who frequent them. The state allows the exemption to be between 50% and 100%.
Austin's City Council voted to give a 100% property tax exemption to eligible child care operators beginning in 2024 this past Thursday. Child care is one of the leading costs for families and has become difficult to afford for many working and low-income people. Many providers are struggling with inflation and high property taxes that can result in high rates and low wages for workers. The limited number of child care facilities also leads to waitlists, contributing to high costs and accessibility issues. "This is a game changer," he said. "Right now, child care is more expensive than college in many communities around our state.
Austin Texas Property Tax Relief Child Care Providers Financial Relief Families City Council Exemption High Costs Accessibility Issues
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