DiRocco – Can we provide a tax offset for Elderly?

During a meeting of the Board of Selectmen tonight, Selectmen Joe DiRocco again requested information from Town Manager Jim Duggan and Atty Jim Hall information on our ability as a town to provide relief to elderly taxpayers if the override passes.
Atty Hall had been looking into this and believes that it is possible for us to provide an addition $100 tax credit to those who are in the greatest need (taking into account income, assets, etc). The town already has a program that helps these taxpayers with a $500 credit, and town meeting could increase this amount.
The Town Manager is continuing discussion with the State Department of Revenue to firm up this option.

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