Record City Sales Tax Revenues May Be Used To Offset Record Property Taxes

A San Antonio city councilman says the city's record sales tax revenues could be used to partially offset its record property tax revenues. The city has collected 184-million-dollars in sales taxes so far this year, which is 21-percent more than last year at this time.  City officials say they're already looking into reducing the property tax rate and increasing the homestead exemption. Councilman Clayton Perry says the city can afford the maximum homestead exemption allowed, making 20-percent of a home's value tax-exempt.