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2 1/2% Reduction - If you live in and own your home, you may be eligible for a 2-1/2% reduction in your taxes. Homestead Exemption - If you are at least 65 years old or permanently disabled, you may qualify for a reduction in taxes. Current Agricultural Use Value (CAUV) program - provides reduced real estate tax values for land devoted exclusively to agricultural use. Forest Tax Law - Any tract of land 10 acres or larger and certified as forest land by the state forester is eligible for a 50% reduction in taxes on the forest acreage.
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