Jul 25, 2014

Colby Fire: Owners of Damaged Homes May Receive Tax Relief

Colby Fire: Owners of Damaged Homes May Receive Tax Relief
From City News Service

Homes and other buildings damaged in the Colby Fire may qualify for property tax relief, county officials announced today.
Under state law, home and business owners may qualify for a temporary reduction in assessed value that could result in a lower tax bill until repairs are made or structures are replaced.
Property owners who have incurred $10,000 or more in damage from the fire should contact the Office of the Assessor's East District Office at (626) 258-6001 for information. Forms will also be available at evacuation centers and online at Office of the Assessor's website at http://assessor.lacounty.gov.
Forms must be submitted, along with photographs and repair estimates, within one year of the date of damage.
The fire that broke out Jan. 16 in Glendora and spread west through the San Gabriel Mountains consumed 1,952 acres, destroyed five homes and damaged 17 others while injuring six people, including five firefighters and a civilian, according to the U.S. Forest Service. It also destroyed 10 outbuildings and damaged another.

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