Select Board News and Initiatives:
Aid to the Elderly and Disabled Taxation Fund - On November 20th, Special Town Meeting accepted a provision of state law that allows for the formation of an Aid to the Elderly and Disabled Taxation Fund. Donations made to the Fund will be overseen by a 5-member committee (Treasurer, Assessor and 3 residents), and will be used to offset the property taxes of eligible applicants. While the Committee is still being formed, and will finalize eligibility and the application process, it is the intent of the Select Board and the Senior Tax Relief Working Group that any donations received between now and March 2025 would be distributed via applications that would be due by April 1, 2025, and would offset the final FY2025 tax bill.
The Select Board would therefore like to encourage residents to donate to the fund by writing a check payable to the Town of Belmont, noting Taxation Aid Fund in the memo field, and mailing it to the Treasurer’s Office at 19 Moore St., or dropping it off at the window. Thank you in advance for your support! We will provide updates in future editions of the TA Bulletin, including information about how residents can apply for support.
Property Tax Relief Programs - The Town of Belmont is committed to supporting our seniors and veterans by offering a range of property tax relief programs within the limit of State Law. A summary of existing programs is contained in an overview document (PDF) published each year by the Board of Assessors. These initiatives help eligible residents reduce their tax burden. The annual application deadline is April 1st.
Town Administrator's Preliminary Budget Recommendation - On January 17th, the Town Administrator published her preliminary budget recommendation for FY2026. The preliminary budget recommendation outlines key priorities and financial considerations for the town. This serves as the starting point for the budget review process, with further discussions and adjustments to come. Residents are encouraged to stay informed and participate in upcoming meetings as the budget is finalized.
The next Budget Summit is scheduled for Thursday, March 27 at 7:00 PM.