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Commissioners weigh local senior property tax credit: 10% proposal, $400,000 cap and outreach questions
Summary
A proposed local senior tax credit (identified as '6510')—a 10 percent property tax credit limited to dwellings assessed at $400,000 or less—was presented Feb. 28. Commissioners discussed income disclosure, outreach to eligible residents, projected cost estimates and whether to add an income ceiling or revisit the percent if few residents enroll.
County staff and the treasurer presented a draft local senior property tax credit proposal (labeled tax credit 6510) at the Feb. 28 budget work session. The draft would allow homeowners aged 65 and older to claim a 10 percent county tax credit on a primary dwelling whose assessed value is at or below $400,000 for a five-year period.
Miss Kelly (Treasurer) described outreach and implementation plans and noted the county already administers multiple tax-credit programs and sometimes matches state credits. Commissioners raised…
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