HomeMy WebLinkAbout2019-05-25 Joint BOS, RES Exemption-min Joint Meeting
Board of Selectmen and Ad Hoc Residential Exemption Study Committee Meeting
May 20, 2019
At 7:50 p.m. a joint meeting of the Board of Selectmen and the Ad Hoc Residential Exemption
Policy Study Committee was called to order on Thursday, May 20, 2019 in the Selectmen's
Meeting Room, Town Office Building.
Mr. Lucente, Chair; Mr. Pato; Ms. Barry; Ms. Hai; and Mr. Sandeen were present, as well as Mr.
Malloy, Town Manager; Ms. Axtell, Assistant Town Manager; and Ms. Katzenback, Executive
Clerk.
Joint Meeting - Board of Selectmen and Ad Hoc Residential Exemption Policy Study Committee
Mark Andersen provided a brief summary of the Ad Hoc Residential Exemption Study
Committee's Final Report to the Board of Selectmen regarding the Committee's research of
evaluating residential property tax exemptions. He explained the Committee had round tables,
two public hearings, did an extensive survey and collected a broad background of data.
Mr. Andersen presented three recommendations from the Ad Hoc Residential Exemption Study
Committee: 1) Lexington not adopt the Massachusetts residential exemption at this time; 2)
Develop a proposal for a means tested and or age based residential exemption for community
consideration; and 3) Promote awareness of existing programs such as tax deferrals exemptions
in the Massachusetts senior circuit breaker tax credit.
Adjourn
Upon a motion duly made and seconded, the Board of Selectmen voted 5-0 to accept the report of
the Ad Hoc Residential Exemption Policy Study Committee.
Upon a motion duly made and seconded, the Board of Selectmen voted 5-0 to close the Joint
meeting at 9:00 p.m. The Ad Hoc Residential Exemption Policy Study Committee voted the
same.
A true record; Attest:
Kim Katzenback
Executive Clerk