INCLUDES BOTH ORDINANCE 09-04 & 09-04(S)
CITY OF HOMER
HOMER, ALASKA
Novak
ORDINANCE 09-04
AN ORDINANCE AMENDING
HOMER CITY CODE 9.04.046 TO EXEMPT THE
PRIMARY RESIDENCE OWNED BY A SENIOR CITIZEN, A SENIOR CITIZEN’S WIDOW OVER THE
AGE OF SIXTY, OR A DISABLED VETERAN FROM TAXATION IN THE SAME MANNER AND AMOUNT
PRESCRIBED IN THE KENAI PENINSULA BOROUGH CODE.
WHEREAS, AS 29.45.050(c)(3)
permits the City of Homer (“City”) to adjust its property tax structure in
whole or in part to the property tax structure of the Kenai Peninsula Borough
(“Borough”), including but not limited to exempting or partially exempting
property from taxation; and
WHEREAS, The Borough has provided for an exemption for the primary
residence of senior citizens, a senior citizen’s widow over the age of sixty,
and for disabled veterans in Borough Code 5.12.100; and
WHEREAS, it is in the best interest of the City and its residents to
provide tax exemptions to senior citizens, widowers, and disabled veterans in
the same manner as the Borough.
THE CITY
OF HOMER HEREBY ORDAINS:
Section
1. Homer City Code
Chapter 9.04.046 is hereby amended to read as follows:
9.04.046 Real and personal
property tax‑‑Exemptions. a. The following property is exempt from the
real and personal property tax imposed by this chapter:
1. the first $100,000 of assessed valuation of
personal property, other than motor vehicles and watercraft, owned by each
taxpayer; for taxpayers with more than one personal property tax account, this
exemption shall be distributed pro rata among all of the taxpayer's accounts
based on the proportion of the assessed value in each account to the total
assessed value of that taxpayer's personal property;
2. motor vehicles that are subject to a motor
vehicle registration tax imposed by Kenai Peninsula Borough Code chapter 5.12,
and as the same may be thereafter amended, revised, or replaced.
b. The first $20,000.00 of assessed valuation of a single parcel
of residential real property owned and occupied by the owner of record as the
owner’s permanent place of residence in the City, shall be exempt from the City
tax levy on real property within the City of Homer. The borough assessor’s
determination of whether property in the city qualifies for the borough
exemption under Kenai Borough Code Section 5.12.115 shall be determinative of
whether the property qualifies for the exemption under this subsection
9.04.046(b).
c. Property of an organization not organized for business or
profit-making purposes and used exclusively for community purposes is exempt
from taxation under this chapter. Property or a part of the property from which
rentals or income are derived is not exempt from taxation unless the income
derived from the rentals does not exceed the actual cost to the owner of the
use by the renter. The borough assessor’s determination of whether property in
the city qualifies for the borough exemption under Kenai Borough Code Section
5.12.100 shall be determinative of whether the property qualifies for the
exemption under this subsection 9.04.046(c).
d. A single parcel of real property owned and occupied
as the primary residence and permanent place of abode of a resident 65 years of
age or older or a resident at least 60 years old who is the widow or widower of
such person is exempt from
taxation under this chapter. In
no event shall an exemption be allowed for a total value in excess of
$300,000.00 (plus $20,000 exemption for residential real property as outlined
in (b) for a total of $320,000) for all parcels included under the exemption. The borough assessor’s determination of
whether property in the city qualifies for the borough exemption under Kenai
Borough Code Section 5.12.105 shall be determinative of whether and in what
amount the property qualifies for the exemption under this subsection
9.04.046(d).
e. A single parcel of real property owned
and occupied as the primary residence and permanent place of abode of a
disabled veteran or a resident at least 60 years old who is the widow or
widower of such person is
exempt from taxation under this chapter.
The borough assessor’s determination of whether and in what amount
property in the city qualifies for the borough exemption under Kenai Borough
Code Section 5.12.105 shall be determinative of whether the property qualifies
for the exemption under this subsection 9.04.046(e).
Section
2. This ordinance shall take effect ninety days
after its adoption by the Homer City Council.
Section
3. This ordinance is of a permanent
and general character and shall be included in the city code.
ENACTED BY THE CITY COUNCIL OF THE CITY OF HOMER, ALASKA, this _____
day of _______________________, 2009.
CITY OF HOMER
_____________________________
JAMES C. HORNADAY, MAYOR
ATTEST:
______________________________
JO JOHNSON, CMC, CITY CLERK
AYES:
NOES:
ABSTAIN:
ABSENT:
First Reading:
Public Reading:
Second Reading:
Effective Date:
Reviewed and approved as to form:
Walt Wrede, City Manager Thomas
F. Klinkner, City Attorney
Date: _________________________ Date: _________________________
CITY OF HOMER
HOMER, ALASKA
Novak
ORDINANCE 09-04(S)
AN ORDINANCE AMENDING
HOMER CITY CODE 9.04.046 TO EXEMPT THE
PRIMARY RESIDENCE OWNED BY A SENIOR CITIZEN, A SENIOR CITIZEN’S WIDOW OVER THE
AGE OF SIXTY, OR A DISABLED VETERAN FROM TAXATION IN THE SAME MANNER AND AMOUNT
PRESCRIBED IN THE KENAI PENINSULA BOROUGH CODE.
WHEREAS, AS 29.45.050(c)(3)
permits the City of Homer (“City”) to adjust its property tax structure in
whole or in part to the property tax structure of the Kenai Peninsula Borough
(“Borough”), including but not limited to exempting or partially exempting
property from taxation; and
WHEREAS, The Borough has provided for an exemption for the primary
residence of senior citizens, a senior citizen’s widow over the age of sixty,
and for disabled veterans in Borough Code 5.12.100; and
WHEREAS, it is in the best interest of the City and its residents to
provide tax exemptions to senior citizens, widowers, and disabled veterans in
the same manner as the Borough.
THE CITY
OF HOMER HEREBY ORDAINS:
Section
1. Homer City Code
Chapter 9.04.046 is hereby amended to read as follows:
9.04.046
Real and personal property tax‑‑Exemptions.
a. The following property is
exempt from the real and personal property tax imposed by this chapter:
1. the first $100,000 of assessed valuation of
personal property, other than motor vehicles and watercraft, owned by each
taxpayer; for taxpayers with more than one personal property tax account, this
exemption shall be distributed pro rata among all of the taxpayer's accounts
based on the proportion of the assessed value in each account to the total
assessed value of that taxpayer's personal property;
2. motor vehicles that are subject to a motor
vehicle registration tax imposed by Kenai Peninsula Borough Code chapter 5.12,
and as the same may be thereafter amended, revised, or replaced.
b. The first $20,000.00 of assessed valuation of a single parcel
of residential real property owned and occupied by the owner of record as the
owner’s permanent place of residence in the City, shall be exempt from the City
tax levy on real property within the City of Homer. The borough assessor’s
determination of whether property in the city qualifies for the
borough exemption under Kenai
Borough Code Section 5.12.115 shall be determinative of whether the property
qualifies for the exemption under this subsection 9.04.046(b).
c. Property of an organization not organized for business or
profit-making purposes and used exclusively for community purposes is exempt
from taxation under this chapter. Property or a part of the property from which
rentals or income are derived is not exempt from taxation unless the income
derived from the rentals does not exceed the actual cost to the owner of the
use by the renter. The borough assessor’s determination of whether property in
the city qualifies for the borough exemption under Kenai Borough Code Section
5.12.100 shall be determinative of whether the property qualifies for the exemption
under this subsection 9.04.046(c).
d. A single parcel of real property owned
and occupied as the primary residence and permanent place of abode of a resident
65 years of age or older or a resident at least 60 years old who is the widow
or widower of such person is
exempt from taxation under this chapter.
In no event shall an exemption be allowed for a total value in excess of
$300,000.00 (plus $20,000 exemption for residential real property as outlined
in (b) for a total of $320,000) for all parcels included under the exemption. The borough assessor’s determination of
whether property in the city qualifies for the borough exemption under Kenai
Borough Code Section 5.12.105 shall be determinative of whether and in what
amount the property qualifies for the exemption under this subsection
9.04.046(d).
e. A
single parcel of real property owned and occupied as the primary residence and
permanent place of abode of a disabled veteran or a resident at least 60 years
old who is the widow or widower of such person is exempt from taxation under this chapter. The borough assessor’s determination of
whether and in what amount property in the city qualifies for the borough
exemption under Kenai Borough Code Section 5.12.105 shall be determinative of
whether the property qualifies for the exemption under this subsection
9.04.046(e).
f. All
mandatory exemptions from taxation under Alaska Statutes are incorporated into
this chapter.
Section
2. This ordinance shall take effect January 1,
2010.
Section
3. This ordinance is of a permanent
and general character and shall be included in the city code.
ENACTED BY THE CITY COUNCIL OF THE CITY OF HOMER, ALASKA, this _____
day of _______________________, 2009.
CITY OF HOMER
_____________________________
JAMES C. HORNADAY, MAYOR
ATTEST:
______________________________
JO JOHNSON, CMC, CITY CLERK
AYES:
NOES:
ABSTAIN:
ABSENT:
First Reading:
Public Reading:
Second Reading:
Effective Date:
Reviewed and approved as to form:
Walt Wrede, City Manager Thomas
F. Klinkner, City Attorney
Date: _________________________ Date: _________________________