The first 25K exemption applies to how many property taxes?

• A. It applies to all three property taxes (city, county, school)
• B. It applies only to city taxes
• C. It applies only to school taxes
• D. It applies to none of the taxes

Answer: (B)

The first $25,000 of a homestead’s assessed value is exempt from property taxes for all taxing authorities—city, county, and school. This means each tax uses a base reduced by $25,000. There is a second tier where the value between $25,000 and $50,000 is exempt only from non‑school taxes (city and county), not from school taxes. Any value above $50,000 has no exemption. So the first 25K exemption affects all three taxes.