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10 months agoon
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Ron RichterGovernor Mark Gordon and the Wyoming Department of Revenue announced the property tax refund program for homeowners is now open for applications. At the Governor’s request, the Legislature appropriated an additional $20 million to further expand the program and ensure more homeowners in need are eligible to participate. Sheridan Media’s Ron Richter has the details.
The property tax refund program assists eligible Wyoming homeowners who are struggling to pay their property taxes, which can often be a significant financial burden, particularly for those with fixed or limited incomes. In 2023, the program helped more than 9,000 Wyoming families, with more than $8 million in refunds distributed, with the average refund being approximately $938.
According to information released by Governor Gordon’s Office, homeowners can apply for a refund of up to one-half of the median residential property tax amount or 75 percent of their 2023 property tax bill, whichever is less. In March, Governor Gordon signed House Bill 4, expanding eligibility to those whose household income is equal to or less than 145 percent of the median household income for their county of residence, or the statewide median, whichever is greater.
Eligible homeowners must be a Wyoming resident for at least five years, occupy the residence at least nine months of the year and have total assets less than $156,900 per adult household member. The Department of Revenue anticipates an additional 2,000 taxpayers will qualify with the increased income level. Department of Revenue Director Brenda Hanson said that all taxpayers who applied for refunds last year will receive an application in the mail.
In addition, applications are available from local County Treasurer’s offices across the state. All applications must be properly completed and filed with the Department of Revenue or the County Treasurer’s office no later than June 3. Before applying for the refund, individuals must pay their 2023 taxes in full. Taxpayers can also apply online.
Michael Mclaughlin
April 15, 2024 at 7:14 pm
RINO
Dennis Fox
April 16, 2024 at 9:37 am
If he really wanted tax relief, why did he VETO the tax bill that would have offered a property tax reduction of 20% to everyone?
He’s a statist/marxist.