Using an average of 18 mills as a typical amount for Levy County taxpayers in the current tax year, Property Appraiser Francis Akins said property tax legislation on the Jan. 29, 2008 ballot could save some individual taxpayers $188.50 each.
About 40 percent of the people in Levy County who are qualified for Homestead Exemption will see no change in their tax bill from this legislation, Akins added.
The proposed legislation will mean zero additional savings for people who are qualified for Homestead Exemption, but who have an appraised property value of less than $50,000.
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