IX.1) Adoption Re: Second Reading of Proposed Ordinance No. 24-5529, increasing the additional Homestead Exemption for certain income qualified persons aged sixty-five (65) and older, from $25,000 to $50,000, commencing in the 2025 Tax Year; providing for the annual adjustment of the income limitation associated with such exemptions; providing for application and submission requirements for such exemptions; directing the City Auditor and Clerk of the City of Sarasota, Florida, to deliver a certified copy of this ordinance to the Sarasota County Property Appraiser; providing for severability, etc. (Title Only) - City of Sarasota

Meeting: Regular City Commission Meeting

Meeting Time: September 16, 2024 at 9:00am EDT

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Agenda Item

IX.1) Adoption Re: Second Reading of Proposed Ordinance No. 24-5529, increasing the additional Homestead Exemption for certain income qualified persons aged sixty-five (65) and older, from $25,000 to $50,000, commencing in the 2025 Tax Year; providing for the annual adjustment of the income limitation associated with such exemptions; providing for application and submission requirements for such exemptions; directing the City Auditor and Clerk of the City of Sarasota, Florida, to deliver a certified copy of this ordinance to the Sarasota County Property Appraiser; providing for severability, etc. (Title Only)