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Over-65 Homestead Exemption

  • A Homestead Exemption is a statutory amount that reduces the appraised value of homestead property

    • Regular Homestead Exemption $15,000

    • Over-65 Homestead Exemption $25,000

  • School taxes are frozen as of the year Over-65 Exemption is granted

  • New school bonds will not impact taxes on a homestead currently receiving an Over-65 Exemption unless property is improved.

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