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Newspaper
Brownfield News
Location
Brownfield, Texas, United States of America
Date
Apr 14, 2004
Page
7
Terry County homeowners can reduce 2004 property taxes through homestead exemptions. Rules require ownership and residence on January 1 2004 for general exemptions while 65 or disabled status allows earlier qualification. Exemptions include $15 000 general and $10 000 for seniors or disabled for school taxes with a tax ceiling that can rise with new improvements.
Terry County chief appraiser Ronny Burran notes nonprofits may qualify for full property tax exemptions by April 30 2004 with similar deadlines for businesses receiving abatements ships in transit freeport goods and pollution control property. Exemptions vary by organization require annual filings for most groups and immediate exemptions for cemeteries charitable groups youth development religious organizations and private schools.
Elderly or disabled homeowners in Texas may defer current and delinquent property taxes on their homesteads by filing a deferral affidavit with the county appraisal district. The law halts delinquent tax lawsuits while the homeowner owes taxes, with penalties and interest accruing, and extends to surviving spouses meeting age criteria. Tax deferral forms are available at the appraisal district office.
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