El Paso County is rolling out a new homestead exemption that lets 40% of local homeowners skip paying school property taxes. It’s a major win for your bank account, so check your status to see if you’re eligible for the discount.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days.
You could see a noticeable drop in your annual property tax bill depending on your home's valuation.
Local homeowners who qualify for the homestead exemption will get to keep more of their hard-earned money.
School districts may face budget tightening as tax revenue decreases, potentially impacting local educational funding.
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