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life for their children.
Make no mistake; we are on the way to pricing a lot of the long time residents out of the county. I did a little research on the subject and was quite surprised to find several states already have some sort of tax relief programs to aide those in several different categories.
The most common form of relief for homeowners is referred to as a “homestead exemption” which allows a partial exemption of the assessed value of the person’s principal residence. The exemption may apply to all property taxes levied against the homestead or be restricted to a subset, usually school levies.
In 14 states, a fixed amount of the homestead value is exempt from the property tax, ranging from $1,000 in Oklahoma to $52,500 in some South Carolina jurisdictions. In other states, the exempt value is determined as a percentage of market value. Ohio exempts
95.1%