In a 3-2 vote, Travis County commissioners did the right thing today and retained the historic property tax exemption for 2011. Judge Biscoe and Commissioners Gomez and Huber gave a thumbs up to historic preservation tax incentives. City of Austin and AISD are still mulling over whether to change their policies. Let's hope our elected officials continue to see the value of preserving our past.
This vote was a victory for the history and heritage of our town. Commissioners expressed an interest in identifying more properties east of I-35 for historic designation...a great idea! Meanwhile residents of buiildings like the Brown Building are happy that they retain part of their low property tax rate.
UPDATE: Austin Independent School District also voted to put in place the historic exemption for 2011 along with the City of Austin.
Historic Brown Building Lofts for sale: http://trueaustinhomes.com/listings.asp
Jeff Harris, Broker