Assessing

Homestead Tax Credit

Individuals who live in their own home qualify for a real estate tax credit. This credit provides homeowners with substantial property tax savings. To qualify for the tax credit, you must own and occupy your home before December 1.

Individuals who own a home but live in a nursing home also qualify for homestead status. In addition, relatives who are living in the owner's home may retain the home's homestead classification.

To file for homestead, all new homeowners must come, in person, to city hall with evidence of title transfer. Proof of ownership can be a warranty deed, contract for deed, certificate of title, or quit claim deed. After the first filing, your homestead status is automatically renewed. No further action is required until you sell or rent your home or you no longer use the home as your primary living place.

Property owners who are permanently and totally disabled or blind may qualify for a tax reduction. For more information call (952) 924-2535