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Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details 
  
Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig 
Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... 
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2021-2022 Homestead Exemption By Jill Midkiff Frankfort, KY - The Kentucky Department of Revenue (DOR) has set the maximum homestead exemption on real estate owned by qualified individuals at $40,500 for the 2021 and 2022 tax periods. By statute, the amount of the homestead exemption is recalculated every two years to adjust for inflation. The 2021-2022 exemption reflects a $1,200 increase over the 2019-2020 exemption of $39,300. To qualify for the homestead exemption, a person must be at least 65 years old during the tax period or have been classified as totally disabled by any public or private retirement system. The property must also be owned, occupied and maintained by the taxpayer as a personal residence on the Jan. 1 assessment date. "During such a challenging year, this is another important way we can support our seniors and other vulnerable Kentuckians," said Gov. Andy Beshear. "The homestead exemption entitles eligible Kentucky homeowners to a deduction off their property's assessed value, which may result in hundreds of dollars in tax savings," said DOR commissioner Tom Miller. "By deducting the exemption amount from the assessed value of the applicant's home, property taxes are calculated based upon the lesser remaining assessment, reducing the property tax liability of the eligible homeowner." The amount of the homestead exemption is adjusted biennially in accordance with KRS 132.810 to compensate for changes in the purchasing power of the dollar. During the 2020 tax year, the exemption provided state and local property tax savings of approximately $248 million for more than 460,000 elderly or disabled Kentuckians. An application for the homestead exemption is available here. This application must be completed and submitted to the property owner's local Property Valuation Administrator's (PVA) office no later than Dec. 31 of the eligible tax year. The application can be submitted online, by mail or in person. Eligible property owners should contact their PVA's office to learn the best application method to use for local submission. This story was posted on 2020-11-23 10:56:59
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Barnlot Theater cancels season due to COVID-19 LCADD - CARES Act Supplemental Award Call for bids for basketball goals Epicurean Kentuckian: Food items like old days Mostly sunny today, high 51F 7-County Area Courts for Mon 23 Nov 2020 OCC 2020: 1,713 shoe box gifts donated so far City Hall arrangements for payments and other business Gov. Beshear reports highest week ever for COVID-19 cases Thankful thoughts at retirement of LWC Campus Pastor View even more articles in topic News |
 
115 Jamestown St. Columbia, KY. 270-384-2496 
  
   
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