MADISON, CT — Eligible senior citizens in Madison can apply for a trio of tax programs through May 15, according to officials:
LOCAL TAX ABATEMENT & FREE PROGRAM FOR CERTAIN ELDERLY AND/OR DISABLED HOMEOWNERS: The Board of Selectmen recently updated the ordinance for the Tax Relief and Tax Freeze Programs to create a combination program. If qualified, eligible applicants will receive BOTH benefits, the tax abatement (credit) on their property tax bill, as well as the freeze, having the property taxes frozen at the rate that they were at when initially applied, assuming they continue to qualify year after year. For more information, visit the Assessors page.
LOCAL TAX DEFERRAL PROGRAM: Eligible applicants can defer payment of the real estate taxes for as long as they meet the qualifications of the program. Deferral of taxes cannot exceed $8,000 in any one tax year. Tax deferrals will be secured by a lien in the full amount and an interest rate is charged.
STATE OF CONNECTICUT CIRCUIT BREAKER PROGRAM: The State of Connecticut offers eligible applicants an abatement on their property taxes in addition to the Local program benefits.
For more information on program guidelines, eligibility, and filing requirements, please stop by the Senior Center (29 Bradley Road) or contact them at (203) 245-5627.
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