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The Board supported placing a 2026 Spring Town Meeting warrant article to increase certain veterans’ property-tax exemptions, subject to what the FY27 budget can afford. The proposal could affect 237 eligible veterans; the requested increases would add about $154,000 annually if fully approved.
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The Board does not have authority to change the exemption amounts itself; Town Meeting would decide whether to approve the proposal. The Board also supported removing a trustee-related eligibility requirement for veterans whose property is held in trust. Separately, it voted to declare a $153,000 surplus in the assessors’ overlay account, with the money intended for a reserve fund supporting commercial and industrial property valuation work.
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