CITY OF COLLEGE PARK SENIOR/DISABLED PROPERTY TAX EXEMPTION

CITY OF COLLEGE PARK

SENIOR/DISABLED PROPERTY

TAX EXEMPTION

The Mayor & City Council of College Park have arranged for each resident of the City of College Park who is a senior citizen or who is disabled be granted an Annual 100% Property Tax Exemption contingent on that homeowner's homestead status. The City finds that Primary Residence Homestead Exemptions can help alleviate the burden of rising property tax costs and ensure that seniors and people with disabilities have access to essential services such as: water, gas and electric without sacrificing other necessities. Each senior citizen or disabled resident of College Park, having an existing homestead exemption will be granted an abatement of their Net Municipal Taxes due after the existing homestead exemption is applied. Those who qualify will receive a credit equivalent on their 2024 City Tax bill (only the City of College Park's portion)

Enclosed is your College Park Senior/Disabled Property Tax Homestead Exemption Application. Please review and confirm your eligibility. Applications are being accepted starting March 1, 2024.

Online applications can be filed through the College Park website. Our URL is www.collegeparkga.com. Use the Departments drop down menu, and select Property Taxes. Our link to the digital application will be on the Property Tax Homepage.

For assistance with this application, contact Phil Latona at 404-669-3765 or platona@collegeparkga.com.

SENIOR/DISABLED PROPERTY TAX CREDIT - College Park Only

A 100% Reduction to the assessed value of the property with improvements (home) to residents who meet certain age and income requirements.

Requirements: File through City of College Park

65 years or older/Permanent Disability as of January 1 of the year for which the application is filed.
Own, occupy and claim the property as your legal and primary residence on January 1 of the year in which you first qualify for the exemption.
Individual(s) applying for the exemption must be listed on the deed.
Adjusted Gross Income as defined by the Internal Revenue Code of the individual and spouse shall not exceed the maximum amount which may be received by an individual and spouse under the Social Security Act. For 2022, the maximum amount is $40,140 for a single and $80,280 for joint filers.
Proof of age and income must be presented.

The parcel Identification number is your Property Tax Map/Parcel Number. It is on your County Assessment.

Notice as well as your County and/or City Property Tax Statements

Senior/Disabled Property Tax Exemption Application

Effective Year of Application

Parcel ID

Account

Name of Claimant/Owner

Property Address

Mailing Address (If different from property address)

Age of Applicant

Date of Birth

Date

Age of Spouse if applicable

Date of Birth

Date

Date of Acquisition

Date

Prior Owner if applicable

Email

example@example.com

B.Title Held:

Sole Owner:One OwnerLife Estate: Freehold estate giving a beneficiary all property rights except the right to sell.Joint Tenants: Ownership by two PersonsTenants in Common: Owners who each own half of an undivided estateOther

C. Mortgage Holder

D. Exemption Applied For (Use attached description sheet) Please check the appropriate box:

Permanently DisabledAge 65 or Older

Full Value Exemption

(All required income and medical documentation must be attached to the application to be considered for qualification)

Senior/Disabled Property Tax Income Summary

Please complete this form if applying for College Park Property Tax Abatement.

Customers Name

Parcel Number

Account Number

1) List of all annual income (gross amounts) received by you and your spouse:

Social Security

Pension

Retirement

Railroad Pension

VA Disability

Other Pension Retirement or Disability Income not listed above

2) List all other income (gross amounts) received by you and your spouse:

Employment (ie: Wages, commissions, bonus and benefits)

Interest Income

Dividend Income

Gain or Sale from Property

Other Income not listed above: (ie: Business, rental, annuities, alimony and royalties)

Total Add item 1 and 2 above

Your 2022 Federal Tax Transcripts must accompany application

Senior/Disabled Utility Credit Application

I, the undersigned claimant, do hereby state that the information given in support of this application is true and correct. I am the owner of said property and have occupied the residence at ___________________________________________

March 1, 2024

I have submitted all required legal proof of my age and disclosed all income information necessary to process this application. There has been no transaction made in collusion with another for the purpose of obtaining any tax exemptions contrary to law.

Claimant Signature

Telephone Number

Date

City of College Park Approval

Documentation Checklist:

Copy of Georgia Driver's License or GA ID (The address on the license/ID must match the address on application)
2022 Current Federal Tax Transcripts - Copies of actual returns are prohibited Current registration for all vehicles of owner and spouse. (Registration must show College Park address
2 Physician's Affidavits (those claiming a disability only)

What is a Tax Transcript? A transcript is a print-out of the most important highlights from a tax return. Requesting a transcript allows the IRS to protect your personal information by masking the personal identifiable information of those listed on the transcript. Financial entries remain viable to assist with tax preparation and income verification.

Here is the link thru IRS to get your tax transcript. You create an online account and they will email you.

Get Transcript I Internal Revenue Service (irs.gov)

Filing Deadline is April 30, 2024. Applications received after this date will not be accepted. Notice of approval will be sent out within 30 days upon receipt of application Failure to upload all required documents will result in a denial of your application. Remit your documents to SeniorHomestead@collegeparkga.com .

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