Louisville City Council told staff last week to return with a plan to eliminate a property tax discount for seniors that I had remarked in April seemed gratuitous. In tight times, the city is making a pragmatic analysis and the Louisville Times article points out the nearly $300,000 a year the city spends on senior programs.
The gist to me is that the amount given back is so small as to be token in nature. In aggregate it costs Louisville about $30,000 a year (max $133 per applicant). And with a new state program offering much more for senior property tax rebates, eliminating this makes sense.
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