| Type of Deduction |
Qualifications |
Assessment
Reduction Amount |
When must you
Renew? |
Contact |
S.B.1790 - Owner
Occupancy Deduction |
1.) Owner Occupied
Property* |
$5,000.00
Off the assessed value |
Not required after
initial application |
County Assessor's
Office at 692-6270 |
Senior Citizen's
Homestead Deduction |
1.) Owner Occupied
Property*
2.) 65 or older by
December 31,of the tax year |
$3,000.00 |
On or before January 31 of each year |
County Assessor's
Office at 692-6270 |
Homestead Improvement
Deduction |
1.) Owner Occupied
Property*
2.) If your assessment
has increased due to
a new improvement |
A four year exemption on
the increase in assessed
value due to the new
improvement up to
$15,000.00 per year |
Once for each
added improvement |
Board of Review
at 692-6210 |
Senior Citizen's
Property Assessment
Freeze |
1.) Owner Occupied
Property*
2.) 65 or older by
December 31, of the tax year
3.) Annual household
income less than
$45,000.00 |
Equalized assessed value is frozen
at its value in the year
prior to the initial
application |
Annually |
County Assessor's
Office at 692-6270 |
Fraternal
Organization
Freeze |
Property owned and used
by a fraternal organization
whose members provide
financial support for
charitable works |
Assessment
will be frozen at 15
percent of that property's
assessed value |
Annually |
County Assessor's
Office at 692-6270 |
Veterans
Organization
Freeze |
Property owned and used
by a veterans organization
on which is located the
principal building for the
post, camp, or charter |
Assessment
will be frozen at 15
percent of that property's
assessed value |
Annually |
County Assessor's
Office at 692-6270
|
