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Posted: March 28, 2012 12:00 a.m.

City homestead tax exemption deadline Friday

Homeowners within the city limits of Oxford have until Friday to file for a $10,000 homestead exemption at the Newton County Tax Commissioner's office.

If Oxford homeowners have already applied and qualified for the county homestead exemption, homeowners will not have to apply for the city exemption.

According to Oxford Mayor Jerry Roseberry, homeowners who previously qualified for the county exemption, "automatically qualified for the city [exemption]."

The city homestead exemption will save homeowners about $60 per year and is in addition to the county exemption, Roseberry said.

"That'll buy dinner out for you one night," he said.
The only Oxford homeowners that need to apply for the exemption are those who either bought homes in the 2011 tax year or have never previously filed for the exemption, said Newton County Tax Commissioner Barbara Dingler.

Residents who apply for the city tax exemption must provide proper identification and additional paperwork might be required if filing a double homestead exemption.
Newton County offers double homestead exemptions to senior, disabled or veteran residents.

Disabled residents will need to provide documentation from a physician verifying the disability. Veterans need to provide proper documentation of their veteran status. Senior citizens will need to provide federal and state income taxes. Senior citizen tax exemptions are awarded based on income requirements.

The city of Oxford requested the homestead exemption, and the legislature approved it last year. The exemption was calculated into the city's budget for this fiscal year.

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