East Longmeadow Board Discusses Allocation of Overlay Surplus for Property Tax Payment

Overview: During a recent meeting, the East Longmeadow Board of Assessors deliberated on a financial decision regarding the allocation of the town’s overlay surplus. The board discussed the release of $71,675.70 from this surplus to cover property taxes and closing costs for a recent acquisition. This decision is part of the town’s financial strategy following a change in the law that allows for the accumulation of surplus funds from previous fiscal years.

East Longmeadow Board of Assessors Discusses Property Inspections and Proposed Exemption Changes

Overview: In a recent meeting, the East Longmeadow Board of Assessors highlighted the ongoing cyclical inspection program and discussed proposed local option exemptions, which have been tabled until the town’s budget is further developed. The board also addressed routine fiscal reports and updates on motor vehicle excise commitments.

East Longmeadow Board of Assessors Considers Increased Exemptions for Seniors and Veterans

Overview: During the recent East Longmeadow Board of Assessors meeting, the board discussed potential increases in tax exemptions for seniors and veterans, proposing changes that could impact local tax policy. The board agreed to recommend that the Town Council consider voting on these increases, which could range up to 100%, subject to available appropriations.

East Longmeadow Board of Assessors Considers Increased Exemptions for Disabled Veterans

Overview: In a recent East Longmeadow Board of Assessors meeting, discussions focused on potentially increasing exemptions for disabled veterans, alongside updates on tax assessments and property reports. The members deliberated on the implications of new state legislation allowing for higher exemptions, which could impact local veterans’ financial responsibilities.

East Longmeadow Board of Assessors Discusses Tax Rate Decrease and Market Trends

Overview: In a recent meeting, the East Longmeadow Board of Assessors focused on several financial updates, including a minor decrease in tax rates, the approval of the fiscal 25 tax recap, and an analysis of current real estate market trends.