Any person 65 years or over who has legal or equitable title to real estate located within the town and maintains thereon a permanent residence which residence qualifies for and received homestead exemption pursuant to Section 6(a), Article VII of the Florida Constitution of 1968, and whose annual household income does not exceed $20,000, as adjusted, shall be entitled to make application for an additional homestead exemption as provided herein. This additional homestead exemption, if granted, shall apply only to property taxes levied by the town, exclusive of voter approved ad valorem taxes. The homestead exemption authorized by this code shall be for an amount not to exceed $25,000 per tax year.
(Ord. 2002-03, passed 4-17-02)