Signup underway for homestead exemption

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Forms for qualifying senior citizens to register for the 2016 Peachtree City Senior Homestead Exemption are now available at City Hall. Peachtree City residents must register each year for the exemption.

 

Qualifying homeowners must be age 65 by Jan. 1 of 2016 and must already have applied for the standard Homestead Exemption through the Fayette County Tax Commissioners Office. The household income, which must be less than $30,000, will be calculated on the Federal Adjusted Gross Income of the applicant and spouse. The exemption is a flat rate of $5,000 per home, which would amount to a $35 savings in City property taxes under the city’s current millage rate. Qualifying seniors should bring proof of age and income (a copy of their 2015 tax returns) to City Hall, 151 Willowbend Road in Peachtree City, to file for the exemption.

 

The deadline to file for 2016 is 5 p.m. Monday, Feb. 29, to meet the March 1 deadline imposed by state law. Because the deadline to file taxes is April 15, the city will continue to accept proof of income from those who filed by Feb. 29 until Friday, April 22. Residents with questions may contact City Hall at 770-487-7657 or email info@peachtree-city.org.