Homestead Adjustment
What is a homestead exemption or adjustment on my tax bill? In Texas, the taxable value of Homesteaded Property may only increase 10% each year. The Homestead Adjustment (shown as Homestead ADJ on the statements issued for MUD1 and MUD2) is a deduction of the assessed value above the 10% maximum taxable value that the property values may increase on a Homesteaded Property. That same [...]