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Board approves expanded FY2026 senior property-tax relief pilot; increases eligibility to $500,000 and removes age cap
Summary
The commission approved changes to the FY2026 property tax relief pilot, expanding the maximum appraised home value to $500,000 and removing the 65+ age requirement while retaining other FY2024 parameters; staff estimated a minimum cost of $370,000 and a low-probability maximum up to $7,000,000.
The Board of County Commissioners approved updates to the FY2026 senior property tax relief pilot Dec. 11, expanding eligibility and adjusting parameters to broaden who can receive county property-tax rebates.
Tom Franzen, the presenter for Treasury/Taxation, told commissioners the staff-projected funding range under the proposed parameters had a minimum anticipated cost of about $370,000 and a low‑probability maximum of $7,000,000 if the program were adopted at full scale.…
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