Today’s blog isn’t about a Brookside/Waldo new business, event, or home sales stats..but it is important news! We Jackson County residents remember the property tax assessment disaster last year, where thousands of homeowners protested their double or triple digit property tax increases. With a new program rolling out this year, there is some relief!!
The Senior Property Tax Credit Program is available to Jackson County residents, stating that eligible homeowners will “receive a credit that essentially freezes their property taxes on their primary residence”. There are requirements of course, and some of those include:
*The home must be your primary residence in Jackson County.
*You must qualify for Social Security benefits.
*You must be the property owner liable for payment of the taxes.
*The market value of your home as determined by the Jackson County assessor must be valued under $550,000.
Of course, there is paperwork to complete, and the deadline for applications is December 31, 2024. However, my advice is to not wait until later in the year to get this done–if you meet the requirements, put this on your To Do list asap!!
Here is the link for more details: https://www.jacksongov.org/News-articles/Senior-Property-Tax-Credit-Program. If you personally can’t qualify for the program, please pass the information on to an older friend or neighbor who is!