The homestead exemp- tion provides a reduction in property taxes to qualified senior or disabled citizens, or a surviving spouse, on the dwelling that is that. The homestead exemption allows lowincome senior citizens and permanently and totally disabled Ohioans, to reduce their property tax bills.Are you 65 or older? Are you under 65 and disabled? Find out how homeowners can receive a reduction in property taxes for their principal place of residence. A homestead exemption allows Ohioans who are considered lowincome, disabled, or are at least 65yearsold to reduce their property taxes. The Summit County Fiscal Office is ready to help you find out about our various programs and services and to answer your questions about real estate taxes. To qualify you must both own and occupy your home as of January 1st. Forms for filing a complaint for revaluation of your real property through the Franklin County Auditor's office. These decisions are not published.