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WDAY: The News Leader

Published November 10, 2009, 08:44 AM

Clay County homeowners hit by flood could get tax credit

Moorhead, Minn. (WDAY TV) - Hundreds of Clay County homeowners hit by the 2009 flood could soon get relief on their property taxes. The Disaster Credit is a one percent property tax credit of what was damaged as a result of the flood. So, depending on the amount that was damaged, homeowners could be getting hundreds of dollars in relief.

By: Stephanie Goetz, WDAY

Moorhead, Minn. (WDAY TV) - Hundreds of Clay County homeowners hit by the 2009 flood could soon get relief on their property taxes. The Disaster Credit is a one percent property tax credit of what was damaged as a result of the flood. So, depending on the amount that was damaged, homeowners could be getting hundreds of dollars in relief.

If a home has 20-thousand dollars worth in damages, they'll see a 200 dollar credit on their 2010 property tax statement. The homeowners who will be reimbursed are already chosen. They were people who called into the city hotline about damage during the flood. Officials say this is a way to help those who lost so much this spring.

"It's not a full measure for them to recoup all their losses, but it's something we can do to help them with their property taxes."

The county will not have to look at other ways to pay for the tax relief, because the state will reimburse them. The credit has to be approved by the state on December 9th. More than 300 homes are eligible for the credit.

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