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Resolution 2025-020FailedTown Council
Increasing the senior citizen property tax exemption from $20,000 to $35,000
Failed to pass — split vote on the proposed exemption increase. May be reintroduced in the FY2026 budget cycle.
Adopted Sep 24, 2025 · 9:02 PMSponsored by June Abernathy
BudgetHousing
BE IT RESOLVED that the property tax exemption for qualifying senior homeowners (Section 7-104 of the Municipal Code) shall be increased from $20,000 to $35,000 of assessed valuation, effective the FY2026 tax year.