Thursday, July 14, 2016

AN UPDATE ON THE NEW JERSEY PROPERTY TAX RELIEF PROGRAMS

This just in, from the summer edition of the NEW JERSEY STATE TAX NEWS (highlights are mine) -
 
The State Budget for Fiscal Year 2017 provides funding for the Property Tax Reimbursement (Senior Freeze) Program.  In mid-July, the Division of Taxation began mailing checks for the 2015 reimbursement to qualified senior and disabled homeowners who filed applications by the original filing deadline of June 1, 2016. We will issue checks as quickly as possible to homeowners who file their applications between the original June 1 deadline and the extended deadline of Oct. 17, 2016.

Only applicants whose 2015 income was not more than $70,000 are eligible, provided they met all other requirements. Residents whose income was more than $70,000 but was $87,007 or less will not receive checks for 2015. We will notify them that they are not eligible. Those residents can establish a “base year” for future reimbursements by filing an application by the deadline.”

So the cafones in Trenton once again screw seniors and disabled homeowners to balance the budget.

The newsletter also reports -

“The Division of Taxation will begin to mail 2014 homestead benefit applications in mid-September.   County Delivery Expected to Begin –

Atlantic, Bergen, Cumberland, Warren Sept. 15

Cape May, Mercer, Ocean Sept. 19

Monmouth, Somerset, Union Sept. 22

Hunterdon, Middlesex, Passaic, Sussex Sept. 24

Camden, Hudson, Morris Sept. 27

Burlington, Essex, Gloucester, Salem Sept. 29

TTFN







 

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