SENIOR CITIZEN EXEMPTION: Up to $300,000 of assessed value for the primary residence of a Senior Citizen may be exempted. To qualify, the applicant must be age 65 or older (or surviving spouse age 60 or older), own and occupy the property as their primary residence and permanent place of abode, and must also qualify for an Alaska Permanent Fund Dividend.
Applications are due by FEBRUARY 15TH of the year being applied for. This exemption is a one time filing. City tax will still be calculated on assessed values in excess of $150,000 for parcels located within the boundaries of Homer, Kenai, Seldovia, Seward, Soldotna or Homer. Exemptions are AUTOMATICALLY REMOVED from a parcel when the Assessing Department receives notice of a change of address outside the borough.
APPLICATION FOR SENIOR CITIZEN EXEMPTION can be found on the Borough Site at
http://www.borough.kenai.ak.us/assessingdept/Forms/senior_ex.pdf
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