In accordance with Section 6(f), Article VII of the Florida Constitution and F.S.
§ 196.075, any person 65 years of age or over who has legal or equitable title to
real estate located within the Village and maintains thereon his/her permanent residence
which qualifies for and receives a homestead exemption pursuant to Section 6(a), Article
VII of the Florida Constitution and whose household income does not exceed the greater
of $20,000.00 or the income limitation amount as adjusted pursuant to F.S. § 196.075(3),
as described in section 18-155 below, shall be entitled to make application for an
additional homestead exemption of $50,000.00 (the "Additional Exemption"). The Additional
Exemption, if granted, shall be applicable to all ad valorem tax millage rates levied
by the Village and shall apply only to ad valorem taxes levied by the Village.
(Ord. No. 520, § 2, 5-15-07)
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