Tuesday, July 14, 2009

More Money Recommended for Tax Relief

Putnam County's tax freeze committee has finished its business. They have decided against implementing a state law that allows the county to freeze the property tax rate for some low-income residents -- apparently believing that not enough people would benefit to offset the loss of revenue. They are, however, recommending that the county add $10,000 to an already existing program that helps low-income senior citizens pay their property taxes. Nearly 1,000 Putnam County residents qualified for that program last year. The income guidelines are available in the county trustee's office, but are generally around 24 to 25-thousand dollars a year.