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City Assessor submitting a proposed increase in the MGL c59 s5 clause 41C base exemption amount to $1,000 (from $750), for seniors age 65 and older.
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To Honorable Board of Aldermen,
In an effort to further help our seniors age 65 and older, I am recommending that the Board adopt an increase in the MGL Chapter 59, section 5, clause 41C base amount from $750 to $1,000, the maximum permitted under State Law. If adopted, this change would take effect for Fiscal Year 2016. It is my intention to present this at your meeting of November 25 and would ask that this be introduced and then adopted along with the 3 motions concerning the Classification Hearing, if the honorable Board so chooses.
Thank you for your attention in this important matter.
Sincerely,
Marc A. Levye, RMA, MAA
Chief Assessor - Chairman Board of Assessors