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Budget Home › Administration & Finance › Dept. of Revenue › - 1233-2310

Executive Office for Administration and Finance

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Account	Description	FY07 GAA	FY08 House 1
1233-2310	Tax Abatements for the Elderly For the elderly persons component of the tax abatements program; provided, that cities and towns shall be reimbursed for taxes abated pursuant to clauses Forty-first, Forty-first B, Forty-first C and Forty-first C 1/2 of section 5 of chapter 59 of the General Laws; and provided further, that the commonwealth shall reimburse each city or town that accepts said clause Forty-first B, Forty-first C or Forty-first C 1/2 for additional costs incurred in determining eligibility of applicants under said clauses in an amount not to exceed $2 per exemption granted	9,890,345	9,890,345

 
 

HISTORICAL SPENDING CATEGORIES ($000)

SPENDING CATEGORY	FY04 Expended	FY05 Expended	FY06 Expended	FY07 Projected Spending	FY08 House 1
Aid to Cities & Towns	9,877	9,809	9,740	9,890	9,890
TOTAL	9,877	9,809	9,740	9,890	9,890

* FY07 Projected Spending includes the budget plus nearly $1 billion in spending from FY06 supplemental budgets.