HomeNewsCouncil passes higher homestead exemption

Council passes higher homestead exemption

Councilman Brian O’Neill’s legislation to increase the homestead exemption has passed unanimously in City Council. As a result, the homestead exemption will increase from $40,000 to $45,000.

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Under the new $45,000 exemption, more than 30,000 enrolled owner-occupants in the 10th Councilmanic District will each save $629 annually.

To enroll in the homestead exemption or for more information, call O’Neill’s City Hall office at 215-686-3422. ••

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