PORTERDALE -- City Attorney Tim Chambers will draw up an ordinance authorizing a $10,000 homestead exemption for Porterdale homeowners following a vote by the City Council Monday night.
The exemption, which will require approval by the General Assembly in the upcoming session, as well as passage in a local referendum, is designed to offset a potential millage rate increase for property owners this year.
Porterdale is facing a potential millage rate increase of 3.5 mills to balance the 2010 budget. If that increase is necessary, the city's total millage would be 12.6 mills. The implementation of a $10,000 homestead exemption would save each homeowner approximately $126 in property taxes.
Porterdale currently has 271 property owners receiving the county homestead exemption, according to City Manager Tom Fox.
State Sen. John Douglas, who was present at Porterdale's Monday night meeting, assured the council that he would work to get the local legislation through the Senate.
Councilwoman Linda Finger made the motion to have the homestead exemption ordinance drawn up, with Councilman Robert Foxworth seconding the motion. The measure was approved unanimously, with Councilwoman Arline Chapman absent.
In other city news, Councilmembers Mike Harper and Lowell Chambers were sworn in to new four-year terms. Foxworth was re-elected mayor pro-tem by unanimous vote -- with Foxworth abstaining -- and City Clerk Lynn Rodriguez was reappointed to another year.