Lone Star College System tax exemptions remain unchanged for 2014

The Lone Star College System Board of Trustees unanimously approved the 2014 tax exemptions for qualified residents in Harris, Montgomery and San Jacinto counties.

The 2014 tax exemptions continue the same as 2013. The board vote took place earlier this month at the June board meeting.

Last year, LSCS also reduced the property rate tax by 3 percent to 11.60 cents per $100 property evaluation for the 2013-14 tax year. That reduction was the sixth time in the last 10 years the board has lowered the property tax rate for LSCS taxpayers.

The 2014 tax exemptions are as follows:
  • Homestead Exemption $5,000 or 1 percent (whichever is greater)
  • Over 65 Exemption $75,000
  • Disability $75,000.
Taxpayers who are eligible for the Over 65 or Disability exemption will automatically qualify for a “tax freeze” (actual dollar tax amount owed is frozen), as approved by the board in September 2006.

Lone Star College System has been opening doors to a better community for 40 years. Founded in 1973, LSCS remains steadfast in its commitment to student success and credential completion.  Today, with 78,000 students in credit classes, and a total enrollment of more than 90,000, Lone Star College System is the largest institution of higher education in the Houston area and one of the fastest-growing community college systems in the nation.  Dr. Richard Carpenter is the chancellor of LSCS, which consists of six colleges including LSC-CyFair, LSC-Kingwood, LSC-Montgomery, LSC-North Harris, LSC-Tomball and LSC-University Park, seven centers, LSC-University Center at Montgomery, LSC-University Center at University Park, Lone Star Corporate College, and LSC-Online. 
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