Applications for exemptions must be submitted before May 1 to the Bexar Appraisal District, located at 411 N. Frio Street.
County Commissioner Marialyn Barnard proposed the $5,000 homestead exemption, which was approved, during Tuesday's Commissioners Court meeting.Qualifying residents in Bexar County will see a $15 decrease in their annual property tax bill after county commissioners Tuesday approved an across-the-board $5,000 homestead exemption.
Preliminary estimates show the county could see an additional $15 million in property tax revenue this year over last, thanks to increased home values. The homestead exemption means the county will forgo $6.5 million of that, Barnard said., the same $5,000 minimum allowed by the state, in 2020. The average homeowner saves an estimated $28 per year.
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