Sunday, January 08, 2023

Oconee County Commissioners Take First Step Toward Increasing Homestead Property Tax Exemption, Freezing Assessments At Age 65

***Legislature, Local Citizens Will Have To Approve***

Oconee County commissioners are asking the county’s state legislative delegation to help it increase the homestead exemption as a way to decrease homeowner property taxes and freeze property tax assessments for persons once they turn 65 years of age.

The commissioners passed a resolution at their meeting on Tuesday calling on the legislators to introduce bills in the General Assembly this year that would allow for a referendum in 2024 on the homestead exemption and the freezing of assessments.

The changes in the property taxes would reduce county and school revenue, and Board of Education Chair Kim Argo said the School Board does not intend to pass a resolution making the request of the legislators but it supports the changes proposed by the county.