Arlington can fund its senior property tax exemption through the residential tax levy or through an appropriation or transfer from existing funds.
Arlington may fund the senior property tax exemption by allocating its cost across the residential tax levy or using existing funds. Either way, the amount is capped at 1 percent of the town’s tax levy.
Arlington may fund the senior property tax exemption by allocating its cost across the residential tax levy or using an appropriation or transfer from existing funds. This applies to Arlington’s means tested senior citizen property tax exemption. Either funding method is capped at 1 percent of the town’s tax levy. The act takes effect upon its passage.
No hearings or votes scheduled.