***Milton, GA Homestead Excemption!***

Milton homeowners have until May 31, 2007 to file for city homestead exemptions. Only those homeowners seeking senior, senior additional, senior full value and/or disability exemptions need to file with the city. These exemptions only apply to City of Milton taxes, not to the Fulton School Board or Fulton County portion of property owners’ tax bills.

Homeowners who have already filed for the basic exemption with the Fulton County Tax Assessor’s Office do not need to take any action. The $15,000 deduction from the owner-occupied property’s assessed value is automatically renewable. Homeowners who qualify for the basic exemption and have not applied must apply through the Fulton County Tax Assessor’s Office.

Categories and eligibility requirements for the City of Milton exemptions are:

Senior exemption – age 65 or older

$15,000 deduction from assessed value
65 or older before Jan. 1 of the tax year.
Owner occupied.
Automatically renewable after initial application.

Senior additional exemption – age 65 or older, income requirements

$10,000 deduction from assessed value.
65 or older before Jan. 1 of the tax year.
Income limitations as defined by the IRS.
Owner occupied.
Automatically renewable after initial application; however, income verification may be requested.

Senior full-value exemption – age 70 or older, income requirements

Full value exemption of assessed value.
70 or older before Jan. 1 of the tax year.
Income limitations as defined by the IRS.
Owner occupied.
Automatically renewable after initial application; however, income verification may be requested.

Disability exemption

Full value exemption of assessed value
Doctor’s certification of disability.
Owner occupied.
Automatically renewable after initial application.