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Falmouth plans residential property tax exemption for FY28; Select Board directs staffing and budget steps
Summary
The Select Board directed town staff to prepare implementation of a residential real‑estate tax exemption aimed at shifting tax burden toward non‑year‑round property owners; officials said it is revenue neutral and would be ready to implement in fiscal year 2028 with FY27 budget support for staffing and software.
Select Board Chair Bob Moscally and Town Manager Mike Renshaw said the board has given direction to town staff to assemble the pieces needed to implement a residential property tax exemption in fiscal year 2028.
Renshaw said the exemption is intended to be revenue neutral: it would shift a portion of property tax obligation…
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