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Assessors propose modest changes to exemptions and phased increase to senior work‑off; overlay account remains large

Town of Templeton Select Board and Advisory Committee · March 23, 2026
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Summary

Deputy Assessor Justice Graves told the Select Board the town's overlay account will sit north of roughly $750,000 and proposed modest, staged changes to blind and senior exemptions plus a phased increase to the senior work‑off benefit ahead of Town Meeting.

Deputy Assessor Justice Graves gave a detailed briefing March 23 on the town’s overlay account — the reserve used to cover abatements, exemptions and uncollectible taxes — and the assessors’ articles for the upcoming Town Meeting.

Graves explained overlay “is in essence a single account” for exemptions, abatements and tax‑title adjustments and said the account is projected to be unusually high (above roughly $750,000) at fiscal‑year end. The assessors have reviewed liabilities and propose a staged approach to returning a portion of that surplus to other uses while retaining an appropriate…

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