TOWN COUNCIL MAJORITY OFFICE
ORDINANCE COMMITTEE
SEPTEMBER 10, 2007
PRESENT Chair Richard F. Kehoe, Councillors William P. Horan, and Donald H. Pitkin.
ALSO
PRESENT Mike Walsh, Finance Director
CALL TO ORDER
Chair Kehoe called the meeting to order at 6:05 p.m.
NEW BUSINESS
Veterans and Elderly & Disabled Homeowners Tax Exemption Program
The Chair explained the current ordinance for the veterans' tax exemption and the seniors and people with disabilities tax credit program and noted that the Council had increased the income eligibility limits by $2000 for seniors and people with disabilities in the spring of 2007 but did not make a similar increase to the income eligibility limits for veterans. The veterans' exemption application deadline, by statutes, is October 1st of each year. The Chair noted that it would be important for the Council to pass any changes prior to the October 1st application deadline. Finance Director Mike Walsh explained the history of the exemption and credit programs. The Committee reviewed the Finance Director's memo on these programs and agreed to increase the veterans' exemption income limits by
$4,000 and the persons with disabilities and seniors tax credit program by $2,000, so that the income eligibility limits will be the same for both programs effective for the July 1, 2008 taxes.
MOTION By Don Pitkin
seconded by Bill Horan
to recommend the Town Council set a public hearing date of Tuesday,
September 18, 2007 at 7:00 p.m. for the purposes of hearing public comment
on revisions to the Veterans' Exemption and Senior & Persons with
Disabilities Tax Credit ordinance per the September 10, 2007 draft.
Motion carried 3/0.
ADJOURNMENT
MOTION By Don Pitkin
seconded by Bill Horan
to adjourn (6:17 p.m.)
Motion carried 3/0.
cc: Town Council
Mayor Currey
Mike Walsh, Finance Director
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