Boone County News Release

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Boone County Commission Will Explore Policy Criteria with Approval of Proposition 1 in April

March 19, 2024 – On the April 2, 2024 General Municipal Election ballot, voters in Boone County will have the opportunity to vote on whether the County Commission should implement a property tax exemption for senior citizens. Voters in Boone County will be presented with Proposition 1: “Shall the County of Boone exempt senior citizens from certain increases in the property tax liability due on such senior citizens’ primary residences?” 

Proposition 1 is in response to Senate Bill 190 that became law on August 28, 2023. If Boone County voters approve the referendum, the Commission will begin the public process of drafting a policy and addressing key elements of the senior tax relief program.

If passed by voters, the Commission intends to implement a program that benefits the seniors who need it—lower to moderate-income seniors -- while also being aware of impact on the taxing jurisdictions. To that point, the Commission will investigate renewing the program after a certain amount of time, to determine whether the program is working as intended. The commission will also consider enacting a stipulation that the program will only apply to those homesteads with an appraised value of $300,000 or less, as shown by the Boone County assessment file. This would include 86% of the homes in Boone County. The Commission is open to feedback and the adoption of said policy will be the result of a public process that includes public input.

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