Mayor Winnecke announced filing to extend 2013 Homestead Tax Credit

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Lloyd Winnecke

OFFICE OF THE MAYOR
LLOYD WINNECKE

May 21, 2012 Contact: Ella Johnson-Watson
For Immediate Release 812-436-4965

Resolution to Extend Homestead Tax Credit Filed

EVANSVILLE, IN – A resolution establishing the Vanderburgh County Homestead Tax Credit for 2013 at the maximum amount allowed by law has been filed with the Evansville City Clerk’s Office with the support of Mayor Lloyd Winnecke. The resolution seeks to have the Evansville City Council adopt an ordinance setting the Homestead Credit Percentage at an amount not to exceed a net of 8 percent.

The resolution and supporting ordinance will go before the City Council tonight. If the Council approves the resolution, the Homestead Tax Credit ordinance will receive a first reading, and a second and third reading could be set for the Council’s June 11 meeting.

“The Homestead Tax Credit allows homeowners to reduce their annual property tax bills,” said Mayor Winnecke. “In today’s economy many homeowners are seeking ways to reduce expenses, and this is one way local governments can help. Throughout my public service career in county and now city government, I continue to support homeowners’ right to a Homestead Tax Credit.”

The Vanderburgh County Homestead Credit amount for 2013 will be approximately $3.5 million, which will be spread over 48,000 Homestead eligible property tax home owners. The tax credit applies to owner-occupied homes-only. Rental property is not eligible. The estimated share for City homeowners only is 55 percent of the total $3.5 million, or approximately $1.9 million.

The ordinance will be considered by the Vanderburgh County Council on July 5 and the Town Board of the Town of Darmstadt on July 10. The County Council and Town Board are expected to take final action on the ordinance on those dates.

According to state law, the ordinance must be passed by August 1 in order to take effect on January 1, 2013.

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4 COMMENTS

  1. More distractions from Mayor Fluff Boy. Fluff Boy called the meeting to eliminate the HSC now wants to take credit for extending it. Fluff Boy also was for Earthcare before he was against it and wants credit for killing that dumb deal. Maybe Fluff Boy should stick to dancing and singing as the “ambassador” for Evansville. He can do that. Everytime he tries something that takes some thinking he makes a fool of himself.

  2. how can he continue to support the taxpayers when he was involved in removing the exemption in 2009? Get real

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