Charlotte County |
Code of Ordinances |
GENERAL ORDINANCES AND SPECIAL ACTS |
Chapter 1-7. FINANCE AND TAXATION |
Article VIII. SENIOR HOMESTEAD TAX EXEMPTION |
§ 1-7-94. Income limitation.
Pursuant to F.S. § 196.075(3), as amended, the annual household income limitation for this article shall be determined on January 1 of each year, by calculating the percentage of change in the average cost-of-living index for the immediately preceding calendar year compared with the average cost-of-living index for the calendar year immediately prior to that year. As used herein "index" shall be the average of the monthly consumer-price-index figures for the stated period, for the United States as a whole, issued by the United States Department of Labor.
(Ord. No. 2013-021, § 1, 7-23-13)