§ 28-28. Additional homestead exemption.

(a)

In accordance with Section 6(d)(1), Art. VII of the Florida Constitution and Fla. Stat. § 196.075, any person 65 years or over who has legal or equitable title to real estate located within the City and maintains thereon his/her permanent residence that qualifies for and receives a homestead exemption pursuant to Section 6(a), Art. VII of the Florida Constitution, and whose household income does not exceed $20,000.00 (as adjusted pursuant to Section 28-32) shall be entitled to make application for an additional homestead exemption of $50,000.00 (increased additional exemption). The increased additional exemption, if granted, shall be applicable to all ad valorem tax millage rates levied by the City.

(b)

In accordance with Section 6(d)(2), Art. VII of the Florida Constitution and Fla. Stat. § 196.075, any person 65 years or over who has legal or equitable title to real estate located within the City with a just value less than $250,000.00 and has maintained thereon his/her permanent residence for not less than 25 years that qualifies for and receives a homestead exemption pursuant to Section 6(a), Art. VII of the Florida Constitution, and whose household income does not exceed $20,000.00 (as adjusted pursuant to Section 28-32) shall be entitled to make application for a homestead exemption equal to the assessed value of the property (increased additional exemption). The increased additional exemption, if granted, shall be applicable to all ad valorem tax millage rates levied by the City.

(Ord. No. 00-08-06, § 2, 8-9-2000; Ord. No. 2006-35, § 2, 12-21-2006; Ord. No. 2013-02, § 2, 3-12-2013)