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The Board of Assessors advanced a proposed senior property-tax discount for legal review and possible presentation to the Select Board on July 22, 2026. The board estimated a potential town impact of approximately $1.8 million under one example and requested maximum-impact calculations for discount rates ranging from 5% to 20%.
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The proposal is intended to help older homeowners who do not qualify for the existing senior exemption because its income and asset limits are restrictive. It is not approved yet and would require review, Select Board consideration, Town Meeting approval, and state legislation. The Town Administrator supported exploring the idea but requested clearer estimates of the town’s maximum financial exposure.
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