FOR IMMEDIATE RELEASE
From The Office of the Santa Fe County Assessor
County Assessor Accepting Annual Applications For Valuation Freezes
Santa Fe, NM - February 8, 2013 - Certain Santa Fe County property owners who occupy single-family dwellings may be eligible for a freeze of their taxable value as determined by the Santa Fe County Assessor's Office. Freezing the property valuation will minimize future tax obligations for those who qualify.
The valuation freeze is available to property owners 65 or older or for those who are considered permanently disabled, and whose total household modified gross income did not exceed $32,000 in 2012. All applicants must meet the income requirement. Modified gross income is defined as all income from all sources undiminished by losses.
To qualify for the valuation freeze, you must apply annually no later than 30 days after the official date of mailing of the Santa Fe County Assessor's Official Notice of Value. This year's notices will be mailed in April.
Supporting Documentation Is Required When Attempting To Qualify By Age And Income
Supporting Documentation Required When Attempting To Qualify Due To Disability And Income
"It is important that people who may qualify for this freeze are aware of it,” said County Assessor Domingo Martinez, “We encourage people to apply and take advantage of this benefit.”
Applications are available at the Santa Fe County Assessor's Office at 102 Grant Ave., Santa Fe. Residents with Internet access may also download an application from www.santafecountynm.gov/assessor/downloadable_forms.