Senior tax exemption remains following 3rd repeal effort
October 11, 2018
In the recent municipal election, Proposition 1 failed to pass, which would have replaced the senior sales tax exemption with a rebate for qualified senior citizens and bring an influx of money to the borough’s budget from having additional seniors paying sales tax.
“We’ll just continue to give a tax exemption,” said assembly member Jeff Meucci. “We’ll have to sort out where we’re going to come up with the money that isn’t generated from that sales tax component. I think we’re going to have to look at all the departments and see if we can either continue the services like...