A $2.3 million decrease in revenue over a decade’s time is how much Buda anticipates losing if it were to implement a proposed freeze on property tax for senior citizens.
While no action was taken on the proposed freeze Oct. 17, city leaders continued discussion and debate over issues involving property taxes.
Buda Finance Director June Ellis updated city leaders on the impact to the city if a tax freeze were implemented for Buda seniors. The update was the result of a request from Buda council member George Haehn in February.
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