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Assessor warns Madrid must adopt local law by Dec. 9 to keep firefighter tax exemption
Summary
The town assessor reported April 9 that to continue firefighter exemptions the Town must adopt a local law by December 9; the current exemption is 10% or a $200 credit with a $3,000 cap.
The town assessor (identified in the minutes as Amy) submitted a report saying the Town must adopt a local law by Dec. 9 to allow firefighter exemptions to continue. The assessor's summary in the minutes lists the current exemption as "10% or $200 credit, with a $3,000 cap." The assessor did not appear in person at the meeting; the report was read into the record.
The board did not take action at the April 9 meeting to adopt such a law; the minutes record only the assessor's report and the Dec. 9 deadline. No sponsor, motion or timeline for drafting the local law appears in the minutes.
