Exemptions

Exemptions

 

Homestead Exemptions

Entity Code Description Local Option Pct Amount Granted
SAL ALBANY ISD n/a $25,000
SBR BRECKENRIDGE ISD n/a $25,000
SGR GRAHAM ISD n/a $25,000
SMO MORAN ISD n/a $25,000
SRA RANGER ISD n/a $25,000
SWD WOODSON ISD n/a $25,000

Over-65 Exemptions

Entity Code Description Amount Granted
CBR CITY OF BRECKENRIDGE $3,000
SAL ALBANY ISD $10,000
SBR BRECKENRIDGE ISD $10,000
SGR GRAHAM ISD $10,000
SMO MORAN ISD $10,000
SRA RANGER ISD $13,000
STC STEPHENS COUNTY $12,000
SWD WOODSON ISD $10,000

Disability Exemptions

Entity Code Description Amount Granted
CBR CITY OF BRECKENRIDGE $3,000
SAL ALBANY ISD $10,000
SBR BRECKENRIDGE ISD $10,000
SGR GRAHAM ISD $10,000
SMO MORAN ISD $10,000
SRA RANGER ISD $13,000
STC STEPHENS COUNTY $12,000
SWD WOODSON ISD $10,000

* Either a disability or over/65 exemption may be claimed, but not both.

However, it is best to have an over/65 exemption.

Veteran Exemptions

Percentage Disability Ratings Amount Granted
at least 10% but less than 30% up to $5,000 off Assessed Value
at least 30% but less than 50% up to $7,500 off Assessed Value
at least 50% but less than 70% up to $10,000 off Assessed Value
at least 70% but less than 100% up to $12,000 off Assessed Value
100% 100% Homesteadable Value