SignalsAZ.com Prescott News Podcast - Yavapai County Reminds Seniors About Property Value Freeze

Episode Date: July 3, 2025

Send us a text and chime in!The Yavapai County Assessor's Office is reminding senior homeowners about the upcoming September 2nd deadline to apply for the Senior Property Valuation Protection Opt...ion, often referred to as the "Senior Freeze." This vital program helps eligible seniors by freezing the Limited Property Value (LPV) of their primary residence for a three-year period, providing stability against rising property valuations. While the "Senior Freeze" does not freeze the actual property tax bill, it locks in the property's Limited Property Value, which is a key component in calculating annual property taxes. This can lead to significant savings for qualifying seniors. "We strongly encourage... For the written story, read here >> https://www.signalsaz.com/articles/yavapai-county-reminds-seniors-about-property-value-freeze/Check out the CAST11.com Website at: https://CAST11.com Follow the CAST11 Podcast Network on Facebook at: https://Facebook.com/CAST11AZFollow Cast11 Instagram at: https://www.instagram.com/cast11_podcast_network

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Starting point is 00:00:00 Text to speech audio articles made possible by Cast 11 Talking Glass Media. The Yavapai County Assessors office is reminding senior homeowners about the upcoming September 2nd deadline to apply for the senior property valuation protection option, often referred to as the senior freeze. This vital program helps eligible seniors by freezing the limited property value, LPV, of their primary residence for a three-year period, providing stability against rising property valuations. While the senior freeze does not freeze the actual property tax, tax bill, it locks in the property's limited property value, which is a key component in calculating annual property taxes. This can lead to significant savings for qualifying seniors. We strongly encourage all eligible senior residents to take advantage of this valuable program, said Yavapai County assessor, Judd Simmons. The senior freeze can offer considerable peace of mind by protecting
Starting point is 00:00:53 against increases in your property's valuation, which directly impacts your tax liability. To qualify for the senior freeze, applicants must meet specific criteria, including at least one property owner must be 65 years of age or older at the time of application. The property must be the applicant's primary residence, occupied for
Starting point is 00:01:13 an aggregate of nine months of the calendar year. The applicant must have resided in the primary residence for at least two years prior to applying. Total income from all sources, taxable and non-taxable, of all owners must not exceed the established income limits, averaged over
Starting point is 00:01:29 the three years prior to the application. For applications filed in 2025, the income limit is currently $46,416 for one owner or $58,020 for two or more owners. Important dates to remember. September 2, 2025, deadline to submit your completed senior freeze application to the Yavapai County Assessors Office for the 2026 tax year. On or before October 1st, Yavapai County Property Tax Bills are issued by the Treasurer's Office. It is crucial for applicants to submit all required supporting documentation with their application, including proof of age, residency, and income verification for the past three years. Applications can be submitted in person, by mail, or by email.
Starting point is 00:02:16 For more information, eligibility requirements, and to download the application form, please visit the Yavapai County Assessor's Office website at Forms, Yavapai, Arizona, or contact their office directly at Prescott, 928-771-321, Cottonwood, 928639, 8121, email, web.assessor at yavapayas.gov. Don't miss this opportunity to potentially reduce your future property tax burden. Apply for the senior freeze today. Catch up with more local news stories on signalsaz.com. Subscribe and be the F1 RSD 2-No.

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