Thursday, September 15, 2016

Attention Seniors


As the political season is now reaching a more visible point much can be said and many are vocal quite about it. As to Cooper City there are really just a few  but very important issues to consider.

They range from the election of a commissioner from the 4th district to changes of some significance to the city charter to the Florida ballot of Amendments. I will be writing on all of these issues.

There is a very important one, Amendment 5. Is says “an amendment to the State Constitution to revise the homestead tax exemption that may be granted by counties or municipalities for property with just value less than $250,000 owned by certain senior, low-income, long-term residents to specify that just value is determined in the first tax year the owner applies and is eligible for the exemption. The amendment takes effect January 1, 2017, and applies retroactively to exemptions granted before January 1, 2017.

Cooper City currently offers that exemption as previous enacted by law. What is really the important points are two fold, one the exemption automatically applies to those who currently are exempted and secondly, the dollar exemption (value of the property) is set such that it remains in place regardless of any future increases.

What this means to many seniors is that they will be protected and able to enjoy their homes for many, many years to come without the fear of the raising property taxes that all of us know will surely happen.

I wrote this as I received an email from Amy Rosen with the request that I present it to all of the many readers of the Cooper City Blog. I encourage all to vote for this important issue to the ever growing segment of the citizens of Cooper City.

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