WARRANT ARTICLE 8
Submitted by:
Finance and Council on Aging
Title:
Accept Chapter 59, Section 5K of the General Laws, allowing an expansion of the Senior Tax work off program
Summary:
The Town’s successful Senior Citizen Property Tax Work-Off Program currently allows 35 residents over the age of 60 years to reduce their real estate taxes by a maximum of $1,500 annually, provided they meet certain income requirements. This article would expand the program by allowing a maximum senior citizen tax exemption based on 125 hours worked in a year, for a new maximum real estate tax bill reduction of $1,875 based on the current Massachusetts minimum wage. The Senior Citizen Property Tax Work-Off Program provides needed tax relief to seniors living on fixed incomes, while also providing the Town with skilled workers for specific tasks.