Amends Arlington's means tested senior citizen property tax exemption allocation.
This bill modifies the allocation of Arlington's means tested senior citizen property tax exemption. It allows the exemption to be either proportionally allocated within the tax levy on all residential taxpayers, not exceeding 1% of the town's tax levy, or funded by an appropriation or transfer from existing funds, also not exceeding 1% of the town's tax levy. The change aims to provide flexibility in how the exemption is financed.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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