The New Homestead Property Tax Exemption that took effect 7/1/07 drops the old income limit entirely and raises the exemption from $5,700 to $25,000 for senior citizens and the permanently disabled who occupy single-family homes. According to Hamilton County Auditor Dusty Rhodes, the number of county residents who qualified under previous homestead exemption rules was 9,000. With the new, less stringent rules, he expects that number to jump to 50,000 to 70,000 of the county’s 275,000 homeowners.
posted by Citizens For A Better Norwood at
Citizens for a Better Norwood is a grassroots organization established by Norwood residents to improve the quality of life in the community. We do this by researching issues and legislation and supporting programs that directly impact the City of Norwood. We are committed to promoting and increasing the active participation of all Norwood residents in the political process. You can contact us through e-mail at email@example.com. or call 238-4349.