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Troy Council adopts 2026 poverty-exemption guidelines
Summary
The council adopted updated poverty-exemption guidelines for 2026 based on the federal poverty guidelines and an asset test. City Assessor Kelly Tim said 27 applications were filed in 2025, 12 met eligibility and exemptions reduced city property-tax revenue by $12,815.
Troy City Council on Jan. 26 adopted the city’s proposed 2026 poverty-exemption guidelines, which use the federal poverty guidelines and an asset test to determine eligibility for property-tax relief.
City Assessor Kelly Tim told the council that in 2025 the assessor’s office received 27 poverty-exemption applications and…
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