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Shelter Island Schedules Hearing on Increasing Senior Property Tax Exemption
Summary
The Town Board set an April 6 public hearing to consider raising the senior citizen property tax exemption up to 65% under state Real Property Tax Law §467; the resolution was adopted to schedule the hearing.
The Shelter Island Town Board voted to hold a public hearing on April 6, 2026 to consider increasing the senior citizen property tax exemption to as much as 65% on a sliding scale under an amendment to Real Property Tax Law §467 enacted by the 2025 state legislature (Chapter 581). The resolution (2026-97) directs the Town Clerk to hold the hearing to allow residents to comment on the proposal.
Board minutes show the resolution was adopted to schedule the hearing; no final change to the town exemption was made at this meeting. The item cites Real Property Tax Law §467(1)(a) as the statutory mechanism that permits municipalities to amend exemption percentages following a public hearing.
