By The City of Boise is bringing back its Circuit Breaker Property Tax Rebate Program, a critical initiative aimed at helping eligible homeowners manage their property taxes. This year, the program has nearly $1 million in funding to assist seniors, individuals with disabilities, widows or widowers, and—for the first time—licensed in-home child care providers. Here’s what you need to know about this year’s program, eligibility, and how to apply.
Key Updates for 2024
1. Inclusion of In-Home Child Care Providers
Licensed in-home child care providers who own their homes and actively operate their services are now eligible. This addition reflects the city’s effort to support diverse groups who contribute to the community.
2. Improved Payment Security
Rebates will now only be sent to the property address on record, ensuring secure and accurate delivery.
3. Estate and Trust Eligibility Changes
Estates and trusts will no longer qualify for rebates following the property owner’s death.
Who Qualifies?
To qualify for up to $1,500 in property tax rebates for 2025, applicants must meet these criteria:
– Residency: Be an Idaho resident and own and occupy the property as your primary residence.
– Property Value: The home or mobile home must be valued below $400,000 or less than 200% of Ada County’s median assessed value (estimated at $436,200 for 2024).
– Income Limit: Household income for 2023 must be $37,000 or less.
– Special Categories: Applicants must be 65 years or older, a widow or widower, blind, disabled, or a former prisoner of war.
How to Apply
1. Check Your Eligibility: Ensure you meet the above qualifications.
2. Gather Documents: Prepare proof of income, property ownership, and other required information.
3. Submit Your Application:
– Applications open December 1, 2024.
– Deadline to apply is March 31, 2025.
– Forms will be mailed to eligible residents starting December 4, 2024, or you can apply online.
Helpful Resources
Here are some key links to help you navigate the process:
– City of Boise Property Tax Rebate Program: https://www.cityofboise.org/property-tax-rebate
– Idaho State Tax Commission: Property Tax Reduction: https://tax.idaho.gov/pressrelease/eligible-homeowners-can-apply-online-for-property-tax-relief/
– Ada County Assessor’s Office: https://adacounty.id.gov/assessor/tax-relief-programs/circuit-breaker-tax-reduction/
For personalized help, you can also visit Boise City Hall or local community centers offering in-person support.
Program Impact
Since its launch in 2022, the Circuit Breaker program has provided significant relief to Boise residents:
– 2023: Over 1,500 participants received an average rebate of $654.
– 2024: Participation increased to 93%, with rebates averaging $355 due to additional statewide relief measures.
Why This Program Matters
Boise’s Circuit Breaker program addresses the growing financial pressure on homeowners due to rising property values and taxes. By focusing on vulnerable groups, it ensures that long-term residents can remain in their homes and continue contributing to the community.
Boise City Council member Jimmy Hallyburton captured the program’s impact perfectly:
“It is an amazing program… you can tell that it’s (for) people who truly need it.”
If you or someone you know qualifies for the Circuit Breaker program, don’t miss the chance to apply starting December 1. For further details and support, use the resources provided above or visit the City of Boise’s website. This is an opportunity to secure meaningful financial relief and help maintain Boise’s inclusive and supportive community.
