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What is the Low Income Senior Additional Exemption for persons age 65 and over?

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What is the Low Income Senior Additional Exemption for persons age 65 and over?

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This is an additional exemption of up to $25,000 which may be adopted by the county and cities for qualified persons age 65 and over. The Martin County Board of Commissioners adopted an additional homestead exemption of $25,000 of assessed value to be exempted from county taxes for qualified seniors. Note: This exemption applies only to the taxes levied by Martin County . School taxes and independent tax districts cannot be exempted.

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