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Circuit
Breaker and Homeowner Exemption Deadline April 15
The
deadline for filing property tax relief applications for the Circuit
Breaker and Homeowner Exemptions must be filed at the Boundary
County Assessors Office no later than April 15.
The
circuit breaker program must be applied for each year between
January 1 and April 15. This program is available for homeowners who
are 65 years of age or older, a widow or widower, disabled, blind, a
former prisoner of war or a fatherless or motherless child under the
age of 18. You must first qualify for the Homeowner Exemption in
order to apply for the Circuit Breaker Exemption, and the amount of
assistance is based on your income. Please call the Assessor's
Office at (208) 267-3301 for details on what you need to bring in
when applying.
The
Homeowner Exemption provides a reduction in the taxable value of
your owner-occupied residence. The amount of reduction is typically
the lesser of $50,000 or 50% of the of the current market value.
Generally, you only need to apply for the Homeowners Exemption once
unless ownership or residency changes.
Those
wishing to apply for either relief program are encouraged to do so
as soon as possible.
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