The State’s exemption of the first $150,000 of assessed value of a disabled veteran’s home, applied for once, by February 15 of the first year (the 2026 calendar set February 17), at the Finance Office, 12 South Nordic Drive. The applicant must be eligible for the Permanent Fund Dividend at the home and live in it at least 185 days a year, with absences for military service allowed.
Also called: property tax, exemption, $150,000, February 15, February 17, Petersburg Code 4.24.050, Finance Office, Petersburg.
The exemption is the State's, AS 29.45.030(e); the Alaska entry records it. Petersburg Borough's Finance Department administers it on one Senior Citizen/Disabled Veteran Property Tax Exemption Application Form.
The application. The applicant checks "A Disabled Veteran", gives the residence for which the exemption is sought, says whether it is the permanent place of abode and primary residence, whether any part was used for rental or business in the past year (and how much), whether anyone else holds the deed, and whether they are currently eligible for the Permanent Fund Dividend at that residence. New applications are due on or before February 15 of the first assessment year; subsequent annual applications are not required. The borough's 2026 Property Tax Timeline set the 2026 deadline for disabled veteran and senior citizen applications at February 17, 2026, the first business day after February 15 and Presidents' Day. Exemption holders must report any change in ownership, property use, residency, permanent place of abode or status of disability (Petersburg Borough Code 4.24.050(1)(D), which the form cites correctly), and the finance director may require proof of eligibility at any time. The finance director decides every application; a denial is appealed to the Superior Court within 30 days of the mailing of the written notice (4.24.050(2)).
Residency. The Finance Department's requirements sheet says an applicant must occupy the home as the primary residence at least 185 days a year after the first year; absences of more than 180 days do not disqualify the applicant for the reasons it lists, which follow the Permanent Fund Dividend's allowable absences - among them service in the Army, Navy, Air Force, Marines or Coast Guard, or the Alaska National Guard or Naval Militia, for someone who enlisted or was drafted while an Alaska resident and returned within 60 days of discharge, retirement or the end of out-of-state duty, and medical treatment on a physician's or psychologist's recommendation.
The form itself does not ask for the rating letter; bring the VA letter showing 50 percent or more, which the statute requires the assessor to see.
Where to file. Petersburg Borough Finance Office, 12 South Nordic Drive, Petersburg, AK 99833; (907) 772-4425 ext. 3; weekdays 8 a.m. to 4:30 p.m.
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Disclaimer
VetTOC is not affiliated with the U.S. Department of Veterans Affairs or the Department of Defense. Information is for reference only and is not an eligibility determination. Verify with VA, the relevant state or territory, or an accredited VSO.