May 11, 2026 Town Council

South Kingstown Town Council · May 12, 2026

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Work session: homestead exemption scenarios

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Town Manager Jim Manny presented results of four work sessions and a year‑and‑a‑half study of a proposed homestead exemption: parcel counts (14,302 taxable parcels), a gross assessed value near $9 billion, and tax levy roughly $80,000,000. Staff modeled options including a 5% or 10% exemption, and capped exemptions at $400,000/$500,000/$600,000; estimated revenue losses were about $1.5M, $1.8M and $2.0M respectively for those caps. Manny also summarized a flat senior credit (ages 65+) scenarios — $150, $175, $200 credits — with projected revenue deficits of roughly $1.1M, $1.3M and $1.5M. He,/

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South Kingstown Town Council held a work session and regular meeting May 11, 2026 that advanced discussion of a proposed homestead exemption (staff presented multiple scenarios and revenue estimates), confirmed multiple board appointments and liquor-license approvals, approved temporary oversized-load permissions for modular-home moves, and debated school‑zone speed cameras without taking a vote.

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