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Council adopts higher veterans and senior property tax exemptions for FY2026
Summary
The City Council voted to raise veterans exemptions and expand senior property tax relief for FY2026; officials said the changes respond to local need while the administration will use overlay funding to cover the cost.
The City Council on March 25 adopted a package of changes to local property tax exemptions that raise benefits for veterans and expand relief for senior homeowners effective in fiscal 2026.
The council approved acceptance of three Massachusetts statutory exemption clauses: chapter 59, section 5, clause 17F (elderly exemptions as adjusted), clause 22J (veterans exemption increases), and clause 41C (additional senior exemptions). The votes were taken on separate motions and each measure passed on voice votes during the council session.
Tax assessor Daniel Lane…
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