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QUESTION
How could offering property tax exemptions increase veterans' self-identification?
0:25:23
·
70 sec
Commissioner James Hendon confirms that offering a property tax exemption could lead to more veterans self-identifying and accessing additional services.
- Currently, 24.2% of veterans self-identify, with 62% of combat era homeowner veterans using the veteran property tax exemption.
- Expanding the exemption to peacetime era veterans is anticipated to increase self-identification rates.
- Increased self-identification could help veterans access various services they might not currently be aware of.
Robert Holden
0:25:23
Again, it would might cost us $10,000,000 for property.
0:25:27
That's your estimate.
0:25:29
Which is very valuable at this point.
0:25:31
It's not a lot of money.
0:25:32
But would you say that since many veterans don't self identify.
0:25:38
If we offered the property tax exemption, that would actually bring more veterans to self identify.
0:25:46
I think there would there's an advantage to that.
0:25:49
There's not only would they get the exemption, but they could get other services too that we don't know.
0:25:57
We don't know.
0:25:57
They they exist in fact.
0:25:59
Right?
0:25:59
Mhmm.
James Hendon
0:26:00
You're right.
0:26:00
And to to call these numbers out, it's 24.2% of our veterans self identified.
0:26:05
We're seeing of the combat era veterans with own homes, 62% are using that veteran property tax exemption.
0:26:11
So you have to assume that if this were expanded to the peace time era veteran, for the cohort exemption that you would see more identify.
0:26:18
This dovetails right back to intro 12 37, which accounts pass, which I believe is about to be done aging soon where now having a question on all the paperwork too, have you served?
Robert Holden
0:26:27
Right.
0:26:27
This
James Hendon
0:26:27
is something else that's enabled, but you have correct as far as the implications of having this for the peacetime era veterans.