Property owners aged 65 and older can file an exemption for school district taxes. Upon filing, no matter the school district’s tax rate, nor the value of your property, your taxes to your school district have a ceiling also known as a freeze.
- Your dollar amount owed will never exceed that ceiling from the date the exemption is granted.
- If improvements are made to your homestead in the future, your ceiling may increase but only for the improved section’s value (i.e. pool, barn, addition).
The impact of the bond will have no effect to individual’s homestead tax ceiling that are aged 65 and older
Proposition 11 will be on the November 2025 ballot.
If passed, would increase the homestead property tax exemption for residence of persons who are disabled or 65 years or older from $10,000 to $60,000 of the market value of the home.
This addition would effectively increase the exemption for disabled or 65 years or older to $200,000 if Proposition 13 also passes.
If the bond passes, the new frozen levy from 2025 will be in effect prior to the new bond tax rate.
