What property tax exemptions are available?
Below is a listing of the various exemptions requiring filings: VETERANS EXEMPTION- Veterans who have not filed their original discharge paper or a certified copy with the Town Clerk must do so before October 1st of this year if they wish to be eligible for the military exemption. The veterans exemption for specified periods of service with the armed forces provides a $1500 reduction in the assessed value of property owned by a qualified veteran. Disabled veterans should submit their disability rating from the Veterans Administration to the Assessors Office by October 1st. These veterans are eligible for a reduction in the assessed value of their property ranging from $2250 – $4500 depending upon their degree of disability. ADDITIONAL VETERANS AND LOCAL VETERANS EXEMPTION- The additional veterans and local veterans exemptions are available to qualified veterans who can meet certain income requirements.
