Tax exemption helps residents save money

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PVA says homestead exemption can save more than $300 a year

By Calen McKinney

Those looking to save some money on their tax bills this year could be in luck.

Taylor County's PVA says there are several ways to potentially save money on bills, one being the state's Homestead Exemption.

Those age 65 and older can apply for the exemption, which eliminates part of the assessed property value on which they will pay taxes.

Taylor County PVA Chad Shively said the exemption was created in 1972 and written into the Kentucky Constitution.

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