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What is the additional homestead exemption?

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What is the additional homestead exemption?

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The Additional Homestead Exemption (AHE) increases the homestead exemption by exempting the assessed value between $50,000 and $75,000. This exemption does not apply to school district taxes. This means, that you will receive NO BENEFIT from the AHE if your assessed value is less than $50,000. You will, however continue to receive your existing homestead exemption.

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