REQUIREMENTS
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ALL
EXEMPTIONS REQUIRE AN APPLICATION FILED AT:
POTTER-RANDALL APPRAISAL DISTRICT
PO BOX 7190
5701 HOLLYWOOD ROAD (LOOP 335)
AMARILLO, TX 79114
PHONE:
(806) 358-1601
FAX:
(806) 355-8426
For additional information about exemptions, please see the
web site of the:
Texas Comptroller of Public Accounts
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TYPES OF EXEMPTIONS
Here you will find a list of all types of Exemptions
you may apply for in Potter-Randall County, Texas.
[ HOMESTEAD ]
[ AGE ]
[ DISABILITY ]
[ CAP VALUE ]
[ DISABLED VETERAN ]
[ HISTORICAL ]
[ TOTAL ]
[ TAX ABATEMENT ]
[ FREEPORT ]
[ MININUM VALUE ]
[ POLLUTION ]
Homestead, Age, and Disability Exemptions Amounts
| |
Districts |
General
Homestead |
Age
65 or Over |
Disability |
| B |
Amarillo ISD |
$15,000 |
$10,000 |
$10,000 |
| C |
Amarillo Jr. College |
- |
$8,600 |
$8,600 |
| D |
Bushland ISD |
$15,000 |
$10,000 |
$10,000 |
| E |
Canyon ISD |
$15,000 |
$10,000 |
$10,000 |
| F |
City of Amarillo |
- |
$8,600 |
$8,600 |
| G |
City of Canyon |
- |
$3,750 |
- |
| H |
High Plains Water ISD |
- |
$10,000 |
$10,000 |
| I |
Highland Park School
Dist |
$15,000 |
$10,000 |
$10,000 |
| J |
Panhandle Ground Water |
- |
$10,000 |
$10,000 |
| K |
Randall Noxious Wd |
- |
- |
- |
| L |
River Road ISD |
$15,000 |
$10,000 |
$10,000 |
| M |
South Randall Hospital |
- |
$3,000 |
- |
| P |
Potter County |
- |
$10,000 |
$10,000 |
| P3 |
Potter County Fresh Water District
1 |
- |
$10,000 |
$10,000 |
| Q |
Bishop Hills |
- |
- |
- |
| R |
Randall County |
- |
8,500 |
8,500 |
| S |
High Plains Water (RA) |
- |
8,500 |
8,500 |
| V |
Village of Palisades |
- |
10,000 |
10,000 |
| Z |
Village of Timbercreek |
- |
3,000 |
3,000 |
HOMESTEAD
This exemption helps you save on taxes on your home. It removes
part of the value of your property from taxation. This exemption
is only for school tax purposes in Potter and Randall counties.
To qualify you must meet these 2 qualifications:
- You must own your home on January 1.
- You must occupy and claim
the home as your principal residence on January 1.
[ BACK TO TOP ]
AGE
This exemption is also referred to as "Over-65 Exemption."
To qualify you must meet these 3 qualifications:
- You must be 65 years of age or older.
- You must own the home.
- You must occupy the residence and consider it to be your
principal place of residence.
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DISABILITY
If you are disabled you may qualify for this exemption. If
you receive benefits based on Federal Old Age, Survivors
and Disability Insurance Program administered by the Social
Security Administration you would qualify.
To qualify you must meet these 3 qualifications:
(1) You are disabled.
(2) You own the home.
(3) You occupy the residence and consider it to be your principal
place of residence on.
You will need to provide a verification from the Social Security
Office or your doctor to confirm that you cannot engage in gainful
employment because of a physical or mental disablility.
NOTE: You cannot claim this exemption if you claim
the Age exemption.
For the above exemptions, the amount of exemption is determined
by the various taxing entities.
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CAP VALUE
A Cap value is a limitation on the appraised value of a residence
homestead for a tax year. Effective January 1, 1998, the State Property
Tax Code Sec 23.23 provides that the appraised value of a residence
homestead for a tax year will be limited to the lesser of either
its market value or the sum of the market value of any new improvements
and 110 percent of the appraised value of the preceding year.
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DISABLED VETERAN
If you are a disabled veteran with a service connected disability,
you may qualify for the disabled veteran exemption. A surviving
spouse, if not remarried, or minor children may be entitled
to an exemption if the disabled veteran is deceased. The
amount of exemption is based on the percentage of disability
as determined by the Veterans Administration.
For the disabled veteran exemption, the amount of exemption
is based on the percentage of disability and the disability
amount set by the State of Texas.
| Disability Rating |
Exemption Amount |
10% to 30%
|
$5,000 |
31% to 50%
|
$7,500 |
51% to 70%
|
$10,000 |
| 71% to 100% |
$12,000 |
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HISTORICAL
The qualifications for this exemption can be obtained from
the Code Enforcement Department of the City of Amarillo.
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TOTAL
Property owned by governments, schools, cities, junior colleges,
churches, and charitable organizations can be exempt. If
the exemption is approved, the entire value is exempt from
taxation. This exemption is removed when the ownership changes
to a non-qualifying owner and will become a PRORATED exemption.
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TAX ABATEMENT
For economic development, some owners have made agreements
with the taxing entities to reduce or eliminate taxes for
a certain period of time.
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FREEPORT
"A person is entitled to an exemption from taxation of
the appraised value of that portion of the person's inventory
or property consisting of freeport goods." Texas Property
Tax Code Sec. 11.251(b)
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MINIMUM VALUE
If an owner has a cumulative taxable value of less than $500
in any district on the Business Personal roll and Oil and
Gas roll, the property is exempt from taxes in that district.
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POLLUTION
Certain properties may be entitled to partial exemption of
property that has had a pollution control facility, device
or equipment installed. This exemption is determined by the
Texas Commission on Environmental Quality. [ BACK TO TOP ]
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