Time has come for a review and update to Templeton Senior tax work off program. It is time for a presentation to Town Meeting and for Select Board to take the lead and increase to the maximum dollar amount allowed under state law to try and help seniors who can and are willing to do some things for the town in exchange for small abatement of property taxes. There is more than enough money in the fund that covers the cost of this program, it is called the Town Overlay fund and is controlled by Board of Assessors. Currently there is a very large amount of money in that fund, more than enough to handle the increase in senior work off.

Funding the Programs: Work-off program expenses must be budgeted in the allowance for abatements and exemptions, i.e. overlay account, rather than through departmental appropriations. The expenses can include the municipality’s share of federal Medicare taxes. Therefore, as part of the budget development process, the amounts needed to operate the programs should be considered. The assessors should factor these amounts into the amount of overlay being raised each year.