
Greg Smith
51:19 - 51:54
"It's called a homeowner's exemption, and I think it can be up to $75,000."
“It's called a homeowner's exemption, and I think it can be up to $75,000.”
So then it's off of— so it's the same mill, but then you have less of an assessed value, or, or accredited—. It's called a homeowner's exemption, and I think it can be up to $75,000. And based off of what specifically? Well, it would be onerous to administer that program That because it would be similar to the senior exemption, except tenfold, because everybody's going to claim that they live here year-round kind of thing. And that would be doable, but onerous.
The Cordova City Council discussed Thursday whether to raise the property tax mill rate to fund a $181,000 school district budget increase or use $610,749 in federal Secure Rural Schools money, with a decision required by June 3.
