Homestead exemption unfazed by Strickland jobs package

Homestead exemption unfazed by Strickland jobs package

COLUMBUS — Gov. Ted Strickland said his $1.7 billion jobs package, funded through additional state debt, won’t put Homestead tax exemptions extended to all senior citizens last year in jeopardy.

The exemption reduces the market value of homeowners’ primary residences by $25,000. Total savings will vary by community based on current tax rates.

The tax cut is open to all seniors age 65 and older or who will turn 65 this year. Certified totally or permanently disabled residents, or surviving spouses of qualified homeowners who were at least 59 when their spouse died, also are eligible.

Applications for the exemption are available through local county auditors’ offices.

For the complete story, see Friday’s Vindicator and Vindy.com.