January usually marks a mad rush to the local tax office to pay property taxes. If you are a homeowner turning 65 years old, you can apply for a property tax exemption from Travis County and for a cap to your school taxes. It's a perk for taxpayers that could affect local school districts.
First, it’s important to note that thousands of Austinites will be turning 65 this year. That’s why last May, Austin Mayor Lee Leffingwell appointed task force on aging. Angela Atwood serves on the task force. She say “aging is the issue of our time and Austin and Central Texas is an epicenter nationally.”