Borough proposes $31,340 mailer to notify property owners of residential exemption change The finance committee reviewed an ordinance to appropriate $31,340 to mail two notices to existing residential real property tax exemption holders after voters approved raising the exemption from $50,000 to $75,000; the assembly discussion focused on auditing, outreach and timing for reapplication.

Kenai Peninsula Borough is set to spend $31,340 to notify property owners about a significant increase in their homestead exemption—get ready to reap the benefits!

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