O
Troy
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taxes budgetLow priorityopen

Poverty exemption for property taxes

Troy

Summary

Low-income Troy homeowners can apply to have part or all of their property taxes exempted. Twelve of 27 applicants qualified in 2025; the council must adopt federal income and asset guidelines each year.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jan 26, 2026.

Impact analysis

💰Financial impact

Cost the city about $12,815 in tax revenue last year.

✅Who benefits

Struggling homeowners who meet federal poverty income levels and the asset test.

Mentions & discussions (1)

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