FOR discusses changing tax exemptions for seniors

Conversations are ramping up over changing the tax exemptions for residents of Fair Oaks Ranch who are 65 years old or over. An over-65 tax freeze seems unlikely after a meeting last week.

FOR Assistant City Manager Scott Huizenga recently presented on the impacts of a tax freeze or a 5 percent taxable value exemption for residents over the age of 65 in the city. While a tax freeze seemed to fall out of favor, the city council seemed to support some exemption percentage on taxable values.

Place 2 Councilmember Roy Elizondo did suggest the council and city staff remain cognizant of any burden that will be shifted to residents under age 65 by this change.