The City of Peachtree City has forms available for qualifying senior citizens to register for the 2007 Senior Homestead Exemption. The annual exemption, which applies to Peachtree City homeowners age 65 and over who earn less than $30,000 per year, was approved by voters in November 2005.

Qualifying Peachtree City Homeowners must be age 65 by January 1 of 2007 and must already have applied for the standard Homestead Exemption through the Fayette County Tax Commissioners Office. The household income will be calculated on the Federal Adjusted Gross Income of the applicant and spouse – this may include Social Security earnings, depending on the applicant. The exemption is a flat rate of $5,000 per home, which would amount to a $26.00 savings in city property taxes under the city’s current millage rate. Homeowners must apply annually to receive the exemption for that year.

Qualifying seniors should bring proof of age and, if ready, a copy of their 2006 tax returns, to City Hall, 151 Willowbend Road, in Peachtree City to file for the exemption. The deadline to file for 2007 is 5:00 PM on Thursday, March 1, 2007. Because the deadline to file taxes is April 15, the City will continue to accept proof of income through April 19, 2007, for those who met the registration deadline of March 1.

Peachtree City spokesperson Betsy Tyler said, “Last year, almost 200 residents were able to take advantage of the program. We just want to remind everyone that they must register annually to continue receiving the exemption.”

Residents with questions can contact City Hall at 770-487-7656 or via email at info@peachtree-city.org.

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