If you are applying for an additional homestead exemption for your home in Decatur for 2016, please note that these are the exemptions the City and school system currently offer:
Current
- GH1—Basic homestead exemption
- GS1—Exemption for homeowners over 62 with household income under $25,000
- S1—Exemption if joint income under $10,000 excluding retirement income
- GH2—Exemption if over age 65
- S3—Partial school exemption if over 70
- S2—School exemption if over 80 and federal adjusted gross income is less than $40,000
- DV—Exemption for disabled veterans
Proposed
- Expanded GH1 homestead exemption
- Expanded GH2 exemption
- New exemption for homeowners over 62 with household income under $50,000
- New school exemption for homeowners over 65
No comments:
Post a Comment