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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 granted exemptions to 12 applicants, resulting in a $12,815 reduction in city property-tax revenue. Tim said staff assist applicants through the process and that the Board of Review has the authority to approve or deny exemptions.
Councilmember Brooks moved to adopt the 2026 guidelines, and Councilmember Gunn supported the motion. The clerk called the vote; Councilmembers Hamilton, Baker, Bloom, Brooks, Mayor Pro Tem Chanda and Gunn voted 'Yes' and the motion carried.
Tim said the city adapts the federal poverty guidelines published by the U.S. Department of Health and Human Services and applies an asset test to evaluate resources that could be liquidated to pay property taxes. Council members thanked staff and expressed hope that the number of applicants needing exemptions will decline.
Next steps: the adopted guidelines will be applied in the assessor’s office and presented to the Board of Review for case-by-case determinations during the tax-exemption process.
