Selectmen approve local tax exemption for veterans
Darien’s Board of Selectmen has approved a local property tax exemption of 10% for veterans residents, following a recommendation from the Commission on Aging. The exemption will impact about 43 veterans living in town and is expected to have a total impact of about $37,000 on the town’s revenue. Ten percent is the largest allowable local tax exemption for veterans based on recently passed legislation, though the state does offer further tax benefits.
Mary McCarthy of the Commission on Aging brought her recommendation to the Selectmen in December of last year and returned to the board on Monday as an advocate. While considering the exemption, the commission asked the town assessor’s office to compile information concerning the tax impact to the town, based on recent property assessments.
“When these numbers were considered all agreed that this approach would benefit our veterans while also having a limit tax impact on the town,” McCarthy said on Monday. “The Commission on Aging requests this resolution be adopted as these veterans have done so much for us, it’s the least we can do for them.”
First Selectman Jayme Stevenson said the town’s veteran population appears to be holding steady, and the Selectmen agreed that they deserve continued recognition and support. They thanked McCarthy for spearheading the resolution, which will move onto the Representative Town Meeting for final approval. While the Board of Finance does not need to give formal approval, Stevenson said she would seek their feedback as well.