A recent development regarding your property tax bills demands your attention. It seems that a crucial $5,000 increase in the homestead exemption on the education side has gone missing, despite the Governor's promised $18,000. The oversight led to the omission of this exemption from approximately 2500 bills. The homestead exemption is for those 65 and older. Delaying payment till January would be recommended.
Here are the key takeaways:
1) Missing Exemption:
The anticipated $5,000 increase in the homestead exemption on the education side is absent from the current bills, impacting 2500 property owners.
The Tax Commissioner is actively addressing this issue, and corrected bills are slated to be dispatched within 7-10 days.
2) Delay Tax Payments:
To ensure accuracy and address potential related issues, it's advisable to hold off on tax payments until January.
Inform friends and neighbors about this update to ensure everyone is informed.
3) Community Oversight:
As an organization dedicated to safeguarding property owners' interests, we acknowledge the disappointment in not immediately identifying this discrepancy. Rest assured, steps are being taken to rectify the situation promptly.
4) Election Update:
WLHR reported the apparent victory of candidates Sheller and Adams, presumed to align with our community's preferences. However, official confirmation from the election board is pending.
We understand the concern and inconvenience this situation may cause. Your patience and understanding during this process are greatly appreciated. Please anticipate further updates and guidance from Lowell regarding the exemption and tax payment recommendations.