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Board hears sharp rise in veterans’ tax exemptions after 2022 changes; supervisors weigh acreage limits
Summary
County staff told supervisors the total tax relief for veterans and others rose sharply after federal and state changes; supervisors asked staff to analyze revenue impact of reducing the county’s 10-acre exemption for elderly/disabled property to lower acreage levels.
Staff told the Gloucester County Board of Supervisors that two state-mandated veterans’ exemptions (real estate and personal property) and federal changes drove a significant rise in local tax relief. The county’s commissioner of revenue reported that estimated veterans relief for 2025 is about $1.76 million, affecting fiscal 2026 revenue.
County staff explained the state required…
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