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Brighton board reviews senior tax-exemption options, decides to keep current schedule and monitor
Summary
The Brighton Central School District Board of Education received a staff presentation on the district's senior tax-exemption schedule, discussed estimated budgetary impacts, and agreed to leave the existing exemption schedule in place while scheduling regular reviews after the annual budget process.
Brighton Central School District Board of Education members discussed changes to the district's senior citizen property-tax exemption at their Sept. 9 business meeting and agreed to keep the existing exemption schedule in place while arranging regular reviews of the policy.
At a presentation to the board, staff member Lou Lamo explained how exemptions affect the district's taxable assessed value and tax rate, saying the district's recent 2.03% tax levy translated to a roughly 2.8% increase in average tax bills this year because the district's taxable base decreased. Lamo said the number of parcels receiving senior exemptions in the district has grown and that the town's…
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