Boone County collector expects to process more than 8,000 applications for senior property tax relief

COLUMBIA, Mo. (KMIZ)

More than 7,600 applications have been submitted to the Boone County Collector’s Office for a senior property tax exemption, according to Boone County Collector Brian McCollum.

A state law allowing a property tax exemption for seniors went into effect Aug. 28, 2023. The freeze has to be put into effect by county commissioners. Boone County opted to resolve it by letting the voters choose to enact it.

Boone County voters in April approved to “exempt senior citizens from certain increases in the property tax liability due on such senior citizens’ primary residences,” the ballot language stated.

The deadline to apply was 5 p.m. McCollum said that 7,600 people applied for the exemption by the end of last week. He expects that number to climb past 8,000 after all applications are processed.

Applications opened on July 1. The deadline in future years will be June 30.

Eligible taxpayers this year will see their tax credits applied to their 2025 real estate tax statement.

To be eligible, taxpayers must be:

• 62 years old or older by Jan. 1 of the initial credit year;
• An owner of record of their primary residence or has a legal or equitable interest in such primary residence as evidenced by a written instrument; and
• Liable for the payment of real property taxes on the homestead.