LIHU‘E — County officials this week reminded Kaua‘i residents that more tax relief is now available for eligible homeowners. Prior changes in the Circuit Breaker and Home Exemption programs also resulted in savings to eligible property owners. A bill signed
LIHU‘E — County officials this week reminded Kaua‘i residents that more tax relief is now available for eligible homeowners. Prior changes in the Circuit Breaker and Home Exemption programs also resulted in savings to eligible property owners.
A bill signed recently by the County Council and Mayor Bernard Carvalho Jr. provides an increase in tax exemptions from $80,000 to $120,000 for qualified homeowners based on the following criteria:
— The homeowner must occupy the property as his/her principal residence.
— The household’s aggregate income must not exceed $56,400 based on the occupants’ collective 2010 tax returns.
Applications for the additional home exemption and other tax relief programs are available at neighborhood centers around the island.
The applications can also be picked up at the Real Property Assessment Division office located next to the Motor Vehicle Registration counter at the Lihu‘e Civic Center. Or visit www.kauai.gov to download the application.
Completed applications must be submitted to the Real Property Assessment office or mailed and postmarked no later than Feb. 29 to: Real Property Assessment Division, 4444 Rice St., Suite A-454, Lihu‘e, HI 96766.Contact the Real Property Assessment Division at 241-4224, or visit www.kauaipropertytax.com for more information.
