Time is running out for Ottawa County residents to apply for certain exemptions, according to County Assessor Linda Kelly.

“The laws have changed since we have abolished personal property except for 901 business personal, farm machinery and equipment, houses and mobile homes not on their own land,” said Kelly. “In November 2006, the people of Ottawa County voted on this law and it became effective in January of 2007.”

Homestead exemptions, additional homestead exemption and personal property assessment applications on farm equipment and implements will be accepted in the County Assessor’s office all year long, but in order for the homestead to be applied to the current year it must be filed by March 15 of that year for persons who have purchased new or older homes during 2008.

“When you move it is necessary to come into our office and refile,” said Kelly.

The additional homestead exemption – double homestead – is available for homeowners whose total 2008 household income did not exceed $20,000.

“Applications for the double homestead exemption must be filed each year for those persons who are under the age of 65,” said Kelly. “The state is now requiring that we see proof of your income. People over 65 who file for the double exemption whose income does not exceed $20,000 do not need to file again unless they have moved since their last application.”

Kelly said homeowners who are disabled or age 65 whose gross income for 2008 did not exceed $12,000 may apply for property tax refund or state income tax credit up to $200 from the Oklahoma Tax Commission.

Forms for the refund are available at the County Assessor’s office.

A freeze in valuation for homestead property is offered to people over 65 years of age with a total gross household income of $40,100 or less. Property valuation freezes the fair cash value of the property and it can not be raised unless new improvements are made to the property after the valuation freeze is filed.

“You must apply before March 15, of that year,” said Kelly. “All business, corporation and five-year exemptions for manufacturing a product must also be reported to the County Assessor’s office before the March 15 deadline.”

In addition, Kelly said anyone purchasing a new mobile home in 2008 should report to the County Assessor’s office before March 15, so it can be put on the tax roll for possible homestead exemption.

The County Assessor will be traveling to individual communities in Ottawa County Monday, Feb. 23 and Tuesday, Feb. 24 for the convenience of residents in those communities.

The schedule is as follows:

Monday, Feb. 23

9 – 10 a.m. – Barney’s Last Stop – Peoria

11 a.m. – 12 p.m. – City Hall – Quapaw

1 – 2 p.m. – City Hall – Commerce

Tuesday, Feb. 24

9 – 10 a.m. – City Hall – Afton

11 a.m. – 12 p.m. – Bank of Fairland – Fairland

1 – 2 p.m. – Bank of Wyandotte – Wyandotte

For additional information, contact the County Assessor’s office at 542-9418.