The deadline to apply for the Senior Citizen and Senior Freeze Exemptions has been extended from February 7 to March 2, 2018. Any application postmarked by Friday, March 2, will be on time.
Senior Citizen Assessment Freeze Exemption
Senior citizens with an annual household income of $65,000 or less can apply for a freeze of the assessed value of their property. Eligible senior citizens automatically receive a reduction of at least $2,000 in the EAV of their homes. Over time, in many areas, this program results in taxes changing minimally and often decreasing as surrounding properties continue to rise in assessed value.
For Tax Year 2017 (payable in 2018), the applicant must have owned and occupied the home on January 1, 2016, and January 1, 2017, and have been responsible for the 2016 and 2017 taxes.
You must re-apply to the Assessor’s Office every year for the Senior Citizen Assessment Freeze Exemption.
Senior Citizen Homestead Exemption
Seniors can save even more on their tax bills when the Senior Citizen and Homeowner exemptions are combined. The Senior Citizen Exemption reduces the EAV of your home by $8,000.
To receive the Senior Citizen Exemption, the applicant must have owned and occupied the property as of January 1 and must have been 65 years of age or older during the tax year in question.
You must re-apply to the Assessor’s Office every year for the Senior Citizen Homestead Exemption.