NOTICE TO KENAI PENINSULA BOROUGH TAXPAYERS
Exemption
Programs for Residents
The
following exemptions are available to borough residents who own their
property and occupy it as their primary residence and permanent place of
abode. The applicant must be the
owner of record as of January 1.
Homeowner’s
Exemption: Requires
a one-time filing by the owner of record and remains in effect until ownership
or occupancy changes. Owners have the responsibility of notifying the Assessor
if they begin to rent the property or no longer meet the borough residency or
occupancy (at least 183 days) requirement. Exempts
up to $20,000 in assessed value of the property.
Volunteer
Firefighter/EMS Exemption: Requires
annual filing and is available for current and active Volunteers of a recognized
First Responder Service, Registered Fire Department or Ambulance Service.
Applicant must hold an EMS or Firefighting certificate approved by the
State of
Disabled
Resident Tax Credit: Requires
annual filing by the owner of record. Applicant
must have been determined in writing to be totally disabled within the meaning
of the Social Security Act. Written
evidence of the disability determination must be submitted each year at time of
filing. Maximum of $500 is credited
toward the resulting taxes on the property.
Applications for the Homeowner, Volunteer FF/EMS or Disabled Resident
Exemptions must be delivered to the Assessor’s Office, or postmarked on or
before JANUARY 15, 2010.
Senior
Citizen Exemption: Applicant
must be 65 years of age or older before January 1 of the filing year (or
surviving spouse age 60 or older). Proof
of age (i.e., birth certificate) must be provided at the time of initial filing.
The applicant
must be eligible to receive a Permanent Fund Dividend.
Exempts up to $300,000 in assessed value of the primary residence and residential land use.
Disabled
Veteran Exemption:
Requires a one-time filing by the owner of record and remains in effect until
ownership or occupancy changes. The
applicant must have a service-connected disability rated at 50% or more by the
Veterans Administration. Verification
of disability rating must be submitted annually.
Exempts the value of the primary residence and residential use of land.
Applications for the Senior Citizen or Disabled Veteran Exemptions must
be delivered to the Assessor’s Office, or postmarked on or before FEBRUARY
15, 2010.
Applications
are available at Borough Offices in Soldotna, Homer and Seward or at City Halls
throughout the borough. Forms are
also available for printing from the borough website
For
more information, please call the Assessor’s Office (907) 714-2230 – toll
free within the borough 1-800-478-4441.