From the Ingles Studio this is your news minute on the Cherokee Tribune Ledger Podcast presented by Powers Electrical Solutions. Today is Monday, October 23rd and I'm Keith Ippolito.
Brad Thomas and Richard Weatherby Discuss Cherokee's Senior Tax Exemption Cap
State Rep. Brad Thomas and Cherokee County Commissioner Richard Weatherby conducted a town hall meeting in Hickory Flat, addressing concerns about rising home values and property taxes. Cherokee County's real property digest increased by 21.81%, with 15.01% attributed to inflation and 6.8% to growth. Thomas is working to potentially eliminate the $485,500 cap on the senior school tax exemption, allowing seniors to avoid taxes on unrealized gains. However, this could result in a $14 million shortfall for the school district. A residency requirement for new seniors moving into the county is being considered. Road and intersection improvements were also discussed, with efforts to maintain a rural atmosphere in the area.
For more news about our community, visit tribuneledgernews.com. For the Tribune Ledger Podcast I'm Keith Ippolito.
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