Exeter council adopts changes to Chapter 42 tax exemptions after state reassessment shift
Exeter’s council accepted amendments to Chapter 42, Article 9, removing a local exemption for modest‑income housing owners after state law shifted assessments from market value to sales price; town staff and council discussed a fiscal trade‑off and the change’s projected cost implications.
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Exeter’s Town Council voted to accept proposed amendments to the town code that would remove a local tax exemption for owners of modest‑income housing after the state changed how residential property is assessed.
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