Welcome to the OCPA Homestead Portability Calculator.
As you may know, the January 29th 2008 Presidential Primary ballot will contain a constitutional revision proposing changes to the State Constitution that relates to property taxation. If adopted by voters, one of these changes allows homestead property owners to transfer up to $500,000 of their Save-Our-Homes benefits to their next homestead.
My office is providing this easy to use Portability Calculator to help each homeowner determine their current Save-Our-Homes portability dollar amount, how the dollar amount is transferred to a new homestead, and the estimated tax dollar savings that may occur.
The estimated tax amounts or tax savings generated by this calculator assume certain variables. This is not a future tax dollar statement. Please refer to the caveat at the bottom of the next page for additional information.
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