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HomeMy WebLinkAbout2011-01-06-TDES-min RECEIVED 2 0 2 3 0 8 J u 1111, 5 TOWN CLERK Date: Thu, 6 Jan 2011 12:29:39 -0500 LEXINGTON MA From: Vicki Blier<vb@vickiblier.com> Subject: [TaxStudyGroup] Recap of January 5 meeting We discussed the current state of Tax Deferrals and Exemptions. Mary pointed out an ambiguity in the brochure. Vicki will propose langt..ageto fix. it. Tax Work Off Program (Senior Service Program)- John will be reporting regarding acct..urnt.flated ftnids at a fi..atue meeting We discussed information to be gathered to further our discussions: 1. What is done by comparable towns? (Pat) We agreed on using the School's benchmark town list: those towns are (with adjustments for combined school districts and skipping Brookline as fairly different from Lexington) Lexington Acton Belmont Brookline Concord Newton Sudbury Wellesley Weston Westwood Winchester 2. What is the potential number of seniors that would qualify at various income levels? State data: (Pat) CPA exemption utilization: (done) Elderly people in property tax default(Vicki) 3. What are the current Reverse Mortgage costs, risks and requirements? (Maly will research this) 4. What do the Social Workers do for outreach and how can we co-mingle our efforts? (Vicki will talk to Charlotte Rogers about this an other knowledge that.Charlotte can contribute) 5. Outreach ideas: Narain will give i..s a contact.list. of senior aid groi..�ps within each clauch. Next Meeting: Tuesday,lanuary, 25 at 3 p