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City highlights tax exemptions for property owners

The City of El Paso Tax Office reminds El Paso homeowners to take advantage of tax exemptions that could potentially save some homeowners hundreds of dollars on their property tax bill.

The City of El Paso increased the exemption given to disabled or senior citizen homeowners. The exemption was increased from $30,000 to $40,000, which is a savings of $72.79 per property. The exemption is only applicable to the primary residence of the homeowner.

In addition, El Paso homeowners are expected to save money on 2015 property taxes from a homestead exemption.

On November 3, 2015, voters passed the Texas Homestead Exemption for School District Property Taxes amendment that saves taxpayers about $100 in school taxes, depending on which school district the homeowner lives.

“We encourage homeowners to apply for their exemptions with the Central Appraisal District,” said Maria Pasillas, City of El Paso Tax Assessor Collector. “They may save hundreds of dollars off their annual taxes.”

The Tax Office mailed property tax bills this October reflecting the savings for both exemptions. The deadline to pay property taxes is January 31, 2016 but this year the deadline has been extended to Monday, February 1, 2016, since January 31 falls on a weekend.

The City of El Paso collects property taxes on behalf of all the 39 taxing entities of government that levy a tax within El Paso County.

For more information visit the Tax Office online by clicking HERE or call (915) 212-0106.

Author: City of El Paso

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