BEATRICE – Property taxpayers who are eligible for a tax break on their home, can now file for Homestead Exemptions. The filing deadline is June 30th.
:05 “told them that”
Gage County Assessor Patti Milligan says the elderly or others qualifying who had a homestead exemption the past year, will automatically receive an application, starting next week when they are mailed out.
:11 “turn 65”
Persons who live in their own home must be at least age 65 as of January 1st of the application year, and there are income guidelines, under the law.
Milligan says persons can be approved according to their level of income, but in cases where the home’s value has grown beyond a certain point, some exemptions are no longer granted.
Milligan estimates that about 1,200 people in Gage County qualify for the homestead exemption each year. Counties are reimbursed by the state, for the lost revenue.
County officials urge elderly people not to risk going out in the cold weather to get an exemption form, since there’s plenty of time to submit the application.