Property owners aged 65 and older can file an exemption for school district taxes. Upon filing, no matter the school district’s tax rate, nor the value of your property, your taxes to your school district have a ceiling also known as a freeze.
- Your dollar amount owed will never exceed that ceiling from the date the exemption is granted.
- If improvements are made to your homestead in the future, your ceiling may increase but only for the improved section’s value (i.e. pool, barn, addition).
