The Municipality has made several key changes to its Low Income Tax Exemption Policy, including changing its name to the Income-Targeted Property Tax Exemption. This is to better reflect current income levels and improve clarity for residents.
Most notably, eligibility is now based on updated household income brackets, with exemption amounts set at $300, $200, or $100 depending on total household income (based upon the previous taxation year).
Application deadlines have also been changed, with applications accepted from January 1 to March 15 each year. These updates are intended to make the program more transparent, consistent, and responsive to changing economic conditions. The full policy and the application can be found pdf HERE.
