Learn About Property Tax Deferral at the Council on Aging ~ March 18

February 27, 2020

The Bedford Council on Aging has many activities for older adults, but there is so much more…

The Bedford CoA has many educational programs for both seniors and caregivers.   One such meeting is coming up on March 18 on the Property Tax Deferral program. Bruce Murphy from the Assessor’s office and Victor Garofalo, the town’s Finance Director, will be on hand to answer your questions and even help you apply.  Come to the meeting at the Council on Aging to learn if you are eligible and what is involved in the program.

What you need to know

Last April at the Annual Town Meeting the voters passed an amendment to the Clause 41A Property Tax Deferral program for seniors. The purpose of the clause is to allow seniors who are hindered with local property taxes to defer their taxes. The taxes will be deferred until either the property is sold or it goes to the heirs.
The interest rate was lowered from 8% to 3% in order to make it more attractive to citizens who might want to take advantage of this program.

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What is Clause 41A and what is the amendment

Here are two articles published by The Bedford Citizen that will give you the background information:

Bedford Tax Relief Information Session at the CoA on Wednesday, March 18 at 10 am

Are you eligible for tax exemption or tax deferral, but don’t know how to apply?  Questions about your taxes?

Bedford’s Board of Assessors Bruce Murphy and Victor Garofalo, Finance Director, will be at the Council on Aging to answer any questions you may have, giving you time to complete and submit any applications.

Applications may be submitted for a number of tax relief programs available to Bedford residents who are seniors, blind, or veterans.

One tax relief program is not widely used is perhaps the most accessible: a full exemption on the Community Preservation Act fees that appear on your tax bill.

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