Santa Rosa County |
Code of Ordinances |
Chapter 20. TAXATION |
Article IV. ADDITIONAL TAX EXEMPTION FOR THE ELDERLY |
§ 20-58. Adjustment of assessed value.
Latest version.
When the property owner no longer qualifies for the reduction in assessed value for living quarters of parent(s) or grandparent(s), the previously excluded just value of such improvements, as of the first January 1 after the improvements were substantially completed, shall be added back to the assessed value of the property.
(Ord. No. 2005-38, § 8, 12-8-05)