Bryan County residents who wish to file a homestead exemption for the 2012 tax year have until April 1 to do so.
Applications are accepted year round, but those received after April 1 will be applied to 2013 taxes.
To file, visit either one of the two tax commissioners offices at 11 North College Street in Pembroke or 66 Captain Matthew Freeman Drive.
To apply for the homestead exemption, the applicant must own and occupy the home as of Jan. 1, 2012. It must be occupied as a permanent residence and place of abode. It must also be the legal residence of the applicant for all purposes. This exemption can only be claimed on one residence.
Once granted, the homestead exemption is automatically renewed each year. The taxpayer does not have to apply again unless there is a change of ownership or the taxpayer seeks to qualify for a different kind of exemption.
In Bryan County there are local exemptions that supersede the state exemptions:
The local regular homestead exemption is available to homeowners who are not yet 65-years-old and who otherwise qualify by ownership and residency requirements. It is a $2,000 exemption off the 40 percent assessed value on your state and school taxes, and $30,000 off the 40 percent assessed value on your county tax. The value of the property in excess of such exempted amounts shall remain subject to taxation.
The local elderly exemption is for taxpayers who are 65-years-old or older. The only requirements for this exemption are that the taxpayers must otherwise qualify by ownership and residency requirements and they must be 65-years-old or older on Jan. 1 of this tax year. There are no income requirements. Proof of age (copy of driver’s license or birth certificate) is required. This is a $50,000 exemption off the 40 percent assessed value on your county and school taxes. The value of the property in excess of such exempted amounts shall remain subject to taxation.
Other exemptions may be available for taxpayers such as the Disabled Veterans Homestead Exemption, unremarried surviving spouse of a disabled veteran or the surviving spouse of a peace officer or firefighter killed in the line of duty.
For questions or more information, call the tax assessor’s office at 653-3880 or756-2434.