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Posted on: February 27, 2019

IN THE NEWS: BET approves senior tax credit for five years

BET approves senior tax credit for five years

By Ken Borsuk Updated 11:00 pm EST, Tuesday, February 26, 2019          

GREENWICH — The renewal of a property tax credit that helps Greenwich seniors with limited incomes has cleared a hurdle at the Board of Estimate and Taxation.

The BET unanimously approved extending the credit for five years to June 30, 2024, at a special meeting Tuesday afternoon. The board had been scheduled to vote on the issue last week, but confusion over the language in the ordinance caused a delay.

“This is the finest product that we could create, and there have been very thoughtful, considerable amendments,” said Lori Contadino, executive director of the town Commission on Aging. “I think we’re in a very good place.”

Read the rest of the story at Greenwich Time.

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