Senior Citizen Property Tax Exemption
Applications for property tax exemptions must be filed each year and are due by January 15th. Per Kodiak Island Borough Code 3.35.030 good cause must be shown for late-filed applications to be accepted, and waivers are not applied to prior years.
Forms are mailed by November 15th to qualified property owners who applied the prior year. Existing applicants who have not received one via mail by December 1st should contact the Assessing Department.
New applicants should bring two forms of picture identification to the Assessor's Office to apply for the exemption.
To qualify for the Senior Citizen Property Tax Exemption program, the applicant must meet the following conditions:
- The applicant must be 65 years of age on January 1 of the assessment year for which the exemption is sought.
- The applicant must own and occupy the real property as their primary residence and permanent place of abode.
- The applicant must qualify for a permanent fund dividend for the current assessment year. If the applicant did not apply for a permanent fund dividend, the individual must have met the requirements to be eligible for a permanent fund dividend had he or she applied.
In the case of partial property ownership, the exemption is equal to only the percent of property ownership of the eligible applicant. If the ownership and occupancy of a multiple-unit property is shared by persons who are eligible for the exemption, only one application for the property will be accepted. If only one unit of the property is occupied by an eligible individual, an exemption pro-ration will be calculated based on the ownership percentage or actual occupancy percentage, if it is greater than the ownership percentage.
Widows and widowers of qualified seniors must meet the following conditions to continue to receive the exemption:
- The widow/widower must be 60 years of age or older at the time of the decedent's death.
- The widow/widower must maintain as their primary residence and permanent place of abode the same place of residence in which the decedent claimed exemption.
- The widow/widower must fill out an application in their name, provide two forms of picture identification, and the decedent's death certificate to remain eligible for the exemption.
Please see AS 29.45.030 for more information.