Property Tax Exemption Deadline Approaches
Author: Tom J. Bordonaro, Jr.
Date: Friday, September 8, 2017 3:48 PM
The Assessor would like to remind all homeowners, disabled veterans and eligible non-profit organizations that they may still file claims for property tax exemptions and receive partial credit.
The Homeowner’s Exemption exempts up to $7,000 in taxable value of a property if the claim is timely filed (postmarked by February 15, 2017) and up to $5,600 if filed late (postmarked by December 11, 2017). If you received your Homeowner’s Exemption last year, and you still own and occupy the same property this year, you do not need to file again. Your exemption automatically remains in place.
The Disabled Veteran’s Exemption is available to exempt taxable value of a property owned by a veteran who is 100% disabled due to service related illness or injury. The exemption may be up to $196,262 if timely filed (postmarked by February 15, 2017) and up to $176,636 if filed late (postmarked by December 11, 2017).
To be eligible for either of the above exemptions this year, claimants must have owned and occupied the property as their principal place of residence as of 12:01 a.m. January 1, 2017. Please call the Assessor’s office or visit the website for eligibility requirements and claim forms.
Certain non-profit organizations may be eligible for an exemption from property tax if they were using the property for exempt purposes on January 1, 2017. For the full exemption, the organization must have filed or postmarked their claim for Church, Religious or Welfare Exemption by February 15, 2017. Claimants may be eligible for 90% of the exemption if the claim is postmarked by December 31, 2017.
The Assessor’s main office is located in Room D-360 of the County Government Center, 1055 Monterey Street, in San Luis Obispo. The telephone number is (805) 781-5643. There is a branch office in Atascadero at 6565 Capistrano Ave. Information is available on the website at www.slocounty.ca.gov/Assessor.