What is a Principal Resident Exemption (or Homestead) and how does it affect my taxes?

In 1994, with the passage of Proposal A, the laws affecting how taxes are determined were changed drastically. One of the major changes was implementing a Homestead Exemption, now called the Principal Resident Exemption (PRE). Property owners are eligible for this exemption on the primary residence that they must own and occupy for 6 months every year. This exempts the property owner from paying local school operating millage. Currently, this is approximately 9 mills or $9.00 per every $1,000 of taxable value on your home. In order to be entitled for this exemption for the current year you must file a "Principal Residence Exemption (PRE) Affidavit" (Form 2368) for taxes on or before June 1 or on or before November 1.

For a copy of the Principal Resident Exemption Form please visit the Assessor's webpage

Show All Answers

1. When is my 2019 tax bill due?
2. Where do I pay delinquent taxes?
3. Why are my taxes so much higher than last year?
4. How can I protest my Assessed Value?
5. What is a Principal Resident Exemption (or Homestead) and how does it affect my taxes?
6. What is the current millage rate?
7. I didn't get my tax bill in the mail, do I have to pay the penalty?