One of the main concerns of the Cannon County Budget Committee as in every fiscal year is the threat of rising property taxes as a means to bring in more revenue to cover the increase expenditures of County Government. Last week during the Cannon County Budget Committee, Committee member and Cannon County Commissioner Brent Bush brought some ideas to the table. One of those ideas was to bring some relief to taxpayers over the age of 65 in the form of the Property Tax Relief Program. One of those programs, the Property Tax Freeze Program voted on in 2006 and enacted in 2007, allows the legislative body of any county to adopt a property tax freeze program under the provisions of the act. The tax freeze would benefit the elderly homeowners ages 65 or older. Combined annual income for a qualified person, their spouse and all other owners of the property cannot exceed $28,690. Elderly homeowners must provide evidence of age. They must own an use the property on which applying as primary residence. As long as the tax freeze program is in place, a person must requalify annually. The Budget Committee voted and approved to take the recommendation of a Property Tax Freeze for the elderly that qualify to the full County Commission to vote on in their meeting Saturday morning.
