
The Roswell Women's Club kicks off their 2009 Home Tour with Mayor Lockwood's new home on Dorris Road. Referred to as "The Homestead", the home is nestled on 3o acres off of Dorris Road in Milton.
"We are honored to be able to donate our home for a great cause that will support charities in North Fulton", Mayor Joe Lockwood shared, "I feel very fortunate to have a beautiful piece of property in Milton to live on, so it is nice to be able to share this with our community".
The event will be running from March 8th to March 29th. Proceeds will go to benefiting North Fulton Charitable Organizations.
To find out more information and purchase tickets, please
click here.
Labels: home tour, homestead, lockwood, mayor, Milton, roswell women's club
Surviving Spouse Homestead: This $50,000 exemption applies to the state, county, municipal and school tax categories as defined in O.C.G.A. section 48-5-52.1. Any citizen who is the unremarried surviving spouse of a member of the U.S. armed forces killed in any war or conflict and receiving spousal benefits from the U.S.Department of Veteran's Affairs is eligible. Legal documentation is required.
Surviving Spouse of Firefighter or Police Officer Killed In Line Of Duty: This is a total exemption of property tax for unremarried surviving spouse of a Firefighter or Police Officer killed in the line of duty.
Labels: exemption, forsyth county property tax, homestead, surviving spouse
Homestead Exemption is one way to reduce the amount of property tax you pay on your residential property. In Forsyth County, if you own the property, reside on that property, and are a legal resident of the County, all as of January 1st of the tax year, you may qualify for homestead exemption. Legal resident means that you are registered to vote and/or register your vehicles in Forsyth County. You cannot be claiming homestead in any other location.
You must apply for any of the following exemptions. Only one owner needs to meet the requirements to qualify for the full exemption. These exemptions are automatically renewed each year unless there is a change in ownership or you no longer meet the eligibility requirments. You do not need to reapply for exemptions if you refinance your home, unless ownership changes. For all exemptions, the property must be in the name of the applicant. To legally change ownership into your name a new deed must be recorded in Forsyth County records. The amount exempted is deducted from the 40% assessed value of the property in the applicable tax categories.
If a change of ownership occurs due to death or divorce, the new owner must file the change with the Tax Assessor's Office and reapply for any exemption granted in the previous owner's name.
Available Exemptions are:
Regular - $8,000 Homestead
Floating Homestead
Total School Tax Homestead Exemption
Other School Tax Homestead Exemptions
Double Homestead
State Tax Exemption
Disability Homestead
Disabled Veterans
Surviving Spouse Homestead
Surviving Spouse of Firefighter or Police Officer Killed in Line of Duty
Stay tuned to our blog for more details on each of these exemptions.
Labels: exemptions, forsyth county, homestead, property tax