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Ithaca committee backs raising income caps for senior and disabled property tax exemptions
Summary
The Committee of the Whole voted to move a local law and ordinance to raise income eligibility for city property tax exemptions for low-income seniors and people with disabilities, endorsing the higher $50,000 cap recommended in county analysis; the committee approved the items 10–0.
The Ithaca Common Council Committee of the Whole voted to move two items — a local law expanding the disability exemption and an ordinance expanding the senior citizens exemption — to allow the city to raise the income cutoff for partial property tax exemptions. The committee voted 10–0 to move the measures forward; both items require later steps before they take effect.
A county analysis presented to the committee showed how different income-cutoff thresholds would affect eligibility…
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