While we deserve an even better funding formula, this increase and the previous five years of increases, has helped our efforts to stabilize property taxes for all Monroe residents.
I will continue to fight on this school funding issue and work with our 14th District legislators to ensure this $1.6 million remains in the final state budget bill.
The Governor is also renewing the Anchor Rebate program which provides up to $1,500 to homeowners who earn less $250,000. This program would be renewed for 2024. According to the State, checks from last year’s program may arrive as early as this month.
The Governor is also expanding the Senior Freeze program. We fought to expand the income eligibility for this program two years ago. In his budget announcement for this yar, the Governor will further expand the successful Senior Freeze property tax relief program – increasing income eligibility to $150,000 and removing roadblocks to eligibility. That means additional property tax relief for 50,000 more seniors.
I have been fighting for years for the residents of Monroe. My list of top priorities has included: increased school aid, expanding the Homestead Rebate that has now been replaced by the Anchor Property Tax Relief program that now applies to even more residents, higher Senior Freeze income eligibility, larger state retirement income exemptions, veterans tax credits and much more.
Monroe residents deserve our fair share of state funding to help keep property taxes stable again this year.
I pledge to continue my efforts to serve the people of Monroe, ensuring a safe and affordable community with services and resources beyond compare for years to come.