Council to consider raising senior-property tax exemption to 65% on first $50,000
August 31, 2026 | Saratoga, Saratoga County, New York
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Commissioner Truetzee told council that “the state has given us the opportunity to increase our senior citizen exemption from 50 up to 65% on the 1st $50,000” and that the ordinance will also change which income figures are counted in determining eligibility.
The draft follows a change in New York State law that allows municipalities to raise the maximum percentage reduction for seniors. Staff said the exemption follows a sliding scale and the proposed local ordinance would set the municipality’s parameters and any income limits the council adopts. The council scheduled the hearing to close the following evening so final adoption may be considered after public input.
The draft follows a change in New York State law that allows municipalities to raise the maximum percentage reduction for seniors. Staff said the exemption follows a sliding scale and the proposed local ordinance would set the municipality’s parameters and any income limits the council adopts. The council scheduled the hearing to close the following evening so final adoption may be considered after public input.
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