Monday’s Downtown Rotary Club meeting was well-attended and for a good reason. The guest speaker was Property Appraiser Jim Overton. Considering a vast majority of the club’s members are also likely homeowners, Overton’s message about the looming tax reform and its affect on homeowners was especially informative.
“My job is to report on what the Legislature is doing and the legislation will affect the tax roll,” said Overton, who brought a Power– Point presentation that included an oversight of his office.
Overton said the new law will affect about 80 percent of Duval County.
“We will have more math to do. But, we’ve been doing more with less for a while now,” he said.
Overton’s presentation also included a demonstration of a new feature on his office’s Web site. The feature allows homeowners to calculate their new tax based on which option they choose. The two choices include the Save Our Homes homestead exemption or the super exemption. Overton said most who have owned their homes for several years should keep the Save Our Homes exemption while newer homeowners should probably go with the new super exemption.