Members of the Property Tax Relief Task Force met on June 30 to review a two-page list of potential recommendations that were grouped as follows (with additional details for each group):

Existing Relief Programs

• Homestead Exemption
• Property Tax Fairness Credit
• Property Tax Deferral Program
• Current Use Programs
• Exempt Property
• Personal Property Tax Changes

Property Tax Assessment – Determining Assessed Value

Municipal (non-school) & County Level Programs

• Municipal Consolidation of Services
• Establish/Reform other Taxes/Fees or Revenue Sources
• Revenue Sharing

New Options for Assessing Property Taxes

• Options for split-rate or split-roll taxes
• Statewide property tax to pay for education

Several members cautioned that a “whack-a-mole” approach to providing relief to some groups could lead of shifting burdens to elsewhere.

Future meetings have not been announced yet.  A final report is due by December 15, 2026.

More information about the task force, its work focus, interim report, and other material is available here:

Real Estate Property Tax Relief Task Force