Austin American Statesman
@austin_statesman·93.3K subscribers·14.5K videos
Why mansions on Lake Austin are exempt from city taxes
Posted
June 7, 2019
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June 7, 2019
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6:52
1:25Now PlayingHow did so many of Austin’s elite get exempted from paying city property taxes? It started more than a century ago when the state authorized the city to annex the Colorado River’s shores extending roughly 22 miles from the city’s center to maintain the shores in hope of improving the river’s water quality.
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