Boone County Commission to hold public hearing on senior property tax exemptions
COLUMBIA, Mo. (KMIZ)
The Boone County Commission will hold a public hearing later this month for the property tax exemption for seniors that was approved by voters earlier this week.
A state law allowing a property tax freeze for seniors went into effect Aug. 28. 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 on Tuesday 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 first public hearing will be held at 1:30 p.m. Thursday, April 18, at the Commission Chambers of the Boone County Government Center at 801 E. Walnut Street in Columbia.
According to Thursday’s release, the commission has started drafting a policy, but approval will not occur until the 2024 Missouri Legislative Session concludes on May 17.
The commission previously stated in a March release that it would “consider enacting a stipulation that the program will only apply to those homesteads with an appraised value of $300,000 or less, as shown by the Boone County assessment file.”
