Statewide program administered by the County Auditor that offers qualifying homeowners a reduction on their real property or manufactured home taxes. The primary responsibilities of the homestead section are to assist taxpayers with the Homestead Exemption application process as well as maintain and update existing application records. The exemption, which takes the form of a credit on property tax bills, allows qualifying homeowners to exempt $26,200 of the market value of their homes from all local property taxes. For example, an eligible owner of a home with a market value of $100,000 will be billed as if the home were valued at $73,800. Homeowners who already receive the homestead exemption do not need to reapply every year.