US EditionHopkinton's New Senior Tax Exemption for FY 2026
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Hopkinton's New Senior Tax Exemption for FY 2026
The Town has a new means-tested senior citizen property tax exemption for school building construction projects. Starting in fiscal year 2026, seniors who qualify can receive a property tax exemption equal to or less than the actual cost of borrowing in any fiscal year (including principal and interest) for a specific school building construction project. The Board of Assessors will administer the program annually and determine the exemption amo…
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