Melbourne Area Blog

January 8th, 2008 8:55 AM

To clear up a few misconceptions on the property tax amendment, following are the facts -

This proposed amendment offers:

-An additional $25,000 Homestead wxemption for homes valued at $75,000 or more

-Retention of current Save Our Homes cap on taxable value, including school taxes, up to two years after selling home

-Transfers of these savings are retroactive to any home purchase after January 1, 2007

-A 10% cap on assessed value of any non-homestead property starting January 2009

-New Tangible Personal Property Tax exemption of $25,000
 
VOTE "YES"!

Posted by Sandy Legere on January 8th, 2008 8:55 AMPost a Comment (0)

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