Senior Homestead Exemption
There are a number of important exemptions offered by the Broward County Property Appraiser, but the requirements often disqualify many residents from significant savings. One of these exemptions is the Senior Homestead Exemption, which has an income guideline of about $29,000 and age requirement of 65. As Commissioner, I will work to raise the income guideline to $40,000 and lower the age requirement to 55 to ensure that our seniors qualify for these tax savings.
The cost of living continues to rise and, unfortunately, social security and other retirement savings aren’t always enough. Our policies should address income needs for all of our residents.