His­toric land­mark tax break un­der scru­tiny

ACC halts ex­emp­tion: county school district study­ing im­pact

Austin American-Statesman - - FRONT PAGE - By Sarah Cop­pola

A City of Austin pro­gram that of­fers gen­er­ous tax breaks to own­ers of his­toric homes and build­ings is draw­ing scru­tiny from other lo­cal tax­ing en­ti­ties.

Un­der the pro­gram, the city des­ig­nates homes and build­ings as his­toric land­marks, which makes those prop­er­ties el­i­gi­ble for tax breaks not just from the city, but from the four other lo­cal tax­ing en­ti­ties. The ex­emp­tions can trim the tax bill for a his­toric prop­erty by more than half.

The Austin Com­mu­nity Col­lege board de- cided Mon­day to scrap its his­toric land­mark tax ex­emp­tion for its up­com­ing bud­get year, which starts Sept. 1, and might soon con­sider whether to elim­i­nate it for good. Austin school board trustees have asked bud­get staffers about the ex­emp­tion’s bud­get im­pact. And a Travis County-ap­pointed com­mit­tee is study­ing sev­eral tax-re­lated is­sues, in­clud­ing whether and how to change the land­mark tax break.

A flurry of two dozen his­toric land­mark ap-

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