Forms for qualifying senior citizens to register for the 2008 Senior Homestead Exemption are now available at City Hall.

Qualifying PTC homeowners must be age 65 by January 1 of 2008 and must already have applied for the standard Homestead Exemption through the Fayette County Tax Commissioners Office. The household income, which must be less than $30,000, will be calculated on the Federal Adjusted Gross Income of the applicant and spouse.

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. Qualifying seniors should bring proof of age and income (a copy of their 2007 tax returns) to City Hall, 151 Willowbend Road, in Peachtree City to file for the exemption.

Homeowners must register annually for this exemption.

The deadline to file for 2008 is 5 p.m. on Friday, Feb. 29. Because the deadline to file taxes is April 15, the City will accept proof of income through April 25, 2008, for those who registered by March 1.

Residents with questions may contact City Hall at 770-487-7657 or info@peachtree-city.org.

login to post comments