US EditionCity expands 65 and older exemption to $30k - Wise County Messenger
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City expands 65 and older exemption to $30k - Wise County Messenger
FILE | WCMESSENGER The City of Decatur officially expanded its property tax exemption for residents age 65 and older or disabled Monday night, increasing the exemption from $25,000 to $30,000. The ordinance, approved on second reading, is expected to increase average tax savings for qualifying residents from $139.53 to $167.43 — roughly a $27 bump for the upcoming fiscal year. The expanded exemption is projected to reduce the city’s property tax…
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