It's always a crunch for time at the end of the year.  That's why the St. Louis County Assessor's Office and the Veterans Service Office is reminding Northland veterans that have service-connected disabilities about an application deadline that's approaching fast.

The deadline for qualifying disabled veterans to apply for Homestead Market Value Exclusion is December 31.  That program could help to lower property taxes for those individuals. their surviving spouse, or their primary caretaker.

According to information shared by St. Louis County, the Homestead Market Value Exclusion "reduces the market value of the home for tax purposes, which may reduce the individuals property taxes.  The exclusion can be significant:

"A veteran with a 70% or greater service-connected disability rating may qualify for a $150,000 market value exclusion.  A veteran with a 100% permanent and total disability rating may qualify for a $300,000 market value exclusion."

Property records show that there are more than 1,150 disabled veterans and surviving spouses currently receiving the Homestead Market Value Exclusion.  The county reminds those property owners that if you have received the exclusion in the past, there is no need to re-apply - you're property will be on record.  However, if you haven't applied previously, purchased new, or changed property details, that application needs to be filled out.  Additionally, if an eligible person has moved in with a primary caretaker, that caretaker should contact the Assessor's Office to determine eligibility to apply.

Again, the deadline is December 31 for the exclusion to apply to property taxes due in 2023.  Veterans living in St. Louis County should submit their application to the St. Louis County Assessor's Office.

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