Changes to Property Exemptions

For property tax years beginning on or after April 1, 2027, this new law is consolidating the existing homestead, veterans' and blind exemption programs into a single tiered program providing a base $25,000 exemption to qualifying resident homeown­ers with an additional……

$ 5,000 exemption for blind people

$ 5,000 for veterans who are younger than 62 years of age OR who have a service-connected disability rating of less than 60%

$ 6,000 for veterans who are 62 years of age or older OR who have a service-connected disability rating of less than 60%

$ 7,000 for veterans who served during or before World War I AND have a service-connected disability rating of less than 60%

$ 10,000 to $ 50,000 for veterans with a service-connected disability rating ranging from 60% to 100%.

            60% – $ 10,000

            70% – $ 20,000

            80% – $ 30,000

            90% – $ 40,000

            100% – $ 50,000

All numbers are depending on the Town's current valuation %

The updated forms are not available at this time, but when they are they will be posted to the Tax Collection and Assessing section of our website.