Elderly residents in Danville are getting additional real estate tax relief under a measure unanimously passed by the City Council. According to the Register & Bee the maximum allowed income will be increased from $20,000 to $30,000 per year. It will provide a 100% exemption for qualifying applicants with an annual income up to $15,000 and a 50% exemption on income between $15,001 and $30,000. Disabled veterans of all ages also qualify for real estate tax relief, with no income cap or limit on abatement.

One thought on “Danville Enacts Enhanced Elderly Property Tax Relief

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>