Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Tax Exemption Veterans topic
No spam. Unsubscribe anytime.
Board to review data before considering local veterans' 100% disability tax exemption
Summary
The state amended real property tax law on July 28 to return a proposed 100% property-tax exemption for veterans with total and permanent service-connected disability to local discretion; the board asked staff to gather assessor data on how many taxpayers would qualify and will consider the matter at the Aug. 24 meeting.
Superintendent Dr. Wutak told trustees that a recent change to real property tax law (updated July 28) returned decision-making authority to local jurisdictions on whether to grant a 100% property-tax exemption to veterans who are 100% disabled by the military’s designation. She said adopting such an exemption at the local level would require a board resolution.
"As of July 28, so last, Wednesday, we received notice that they have amended that law again and put it back to local discretion," Dr. Wutak said. She told the board staff can gather participation numbers and run the impact analysis required to show what the exemption would mean for other taxpayers if adopted.
Board members asked whether local assessors could provide counts of potentially eligible taxpayers and requested that staff contact assessors and return numbers at the Aug. 24 meeting. Trustees also discussed a separate community request to raise the senior citizen income-eligibility threshold (current cap discussed in the meeting around $37,039); staff will collect town-level data to estimate the fiscal impact.
