Region of Queens to give more low-income earners a property tax break
The Region of Queens plans to increase the income threshold for people eligible for the low-income property tax exemption.
As part of budget discussions on Tuesday, District 6 Coun. David Brown asked council to consider increasing the income brackets for those eligible for the tax break.
Property owners who make $20,000 a year or less are eligible for a maximum $400 tax exemption. Those who make between $20,000 and $25,000 get up to $350, and those making between $25,000 and $30,000 get as much as a $300 break.
The revised income amounts would add $5,000 to each of those brackets. So the lowest income bracket would now be up to $25,000, and then $25,001 to $30,000 and $30,001 to $35,000. The tax exemption amounts would not change.
