|
Amendment 1 Savings Calculator This calculator is designed to show how much money a homeowner could save with Amendment 1 property tax reform. Please realize it is NOT representative of the actual savings you will see, and it is for educational purposes only. Do not contact your property appraiser about these numbers. Though it may give a homeowner a good idea of how much money Amendment 1 could save them, please realize this script assumes that certain factors remain constant, such as a static millage rate and a maximum 3 percent annual home value increase via Save Our Homes. Both of these exact circumstances are highly unlikely to happen. Make sure to enter your home's 2007 Assessed Value. The calculator will subtract your $25,000 homestead exemption for you.
With Amendment 1 || Without Amendment 1 || Annual savings Year 1: Year 2: Year 3: Year 4: Year 5: Total Estimated Five-Year Savings: |