Senior homestead exemption registration underway

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Senior homestead exemption registration underway

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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, 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 about $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 2014 tax returns) to City Hall, 151 Willowbend Road, in Peachtree City to file for the exemption.                          

The deadline to file for 2016 is Tuesday, Feb. 28, at 5 p.m. 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 until Friday, April 21 (but only from those who filed their form by Feb. 28).

Residents with questions may contact City Hall at 770-487-7657 or email [email protected].

 

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