LIHU‘E — County officials announced Wednesday that changes in two of the county’s real property tax relief programs — the Circuit Breaker and Home Exemption programs — are now in effect. Additionally, the 2012 Notice of Assessment will be mailed
LIHU‘E — County officials announced Wednesday that changes in two of the county’s real property tax relief programs — the Circuit Breaker and Home Exemption programs — are now in effect.
Additionally, the 2012 Notice of Assessment will be mailed out on or before Feb. 15, one month earlier than in previous years, and the deadline for filing tax appeals has also moved forward by a month going from April 9 to March 10, a county news release states.
Homeowners in the Home Exemption Program may now be eligible for an additional $80,000 exemption. To qualify, the following criteria must be met:
— The homeowner must occupy the property as his/her principal residence.
— His/her aggregate household income does not exceed $56,000 based on his/her 2010 tax returns.
— Applications for the additional exemption must be received or postmarked no later than December 31, 2011.
Applications for all tax relief programs are available at neighborhood centers or at the Real Property Assessment Division located at the Lihu‘e Civic Center. Applications may also be downloaded from the county’s website, www.kauai.gov/taxforms.
