The votes necessary to seek approval from the Massachusetts Department of Revenue of the tax rate for FY2020

Agenda Item Number II

ORDERED: That the City Council vote the Fiscal Year 2020 exemption allowed under General Laws Chapter 59, Section 5, Clause 17D of $333.00. €itp of CamtiribQ;e

Agenda Item Number 1J

ORDERED: That the City Council vote the Fiscal Year 2020 asset limits allowed under General Laws Chapter 59, Section 5, Clause 17E of $65,864.

Citp of Cambribge

Agenda Item Number 1K

ORDERED: That the City Council vote the income and assets limits for elderly persons to income limits of $27,234 for those who are single and $40,852 for those who are married, asset limits of $54,465 for those who are single and $74,890 for those who are married, as allowed under General Laws, Chapter 59, Section 5, Clause 41D.

Citp of Cambnbge

Agenda Item Number 1L

ORDERED: That the City Council vote the income limit for deferral of real estate taxes by elderly persons to the amount determined by the Commissioner of Revenue for the purposes ofMGL Chapter 62, Section 6, subsection (k) for a single person ($58,000) and for those who are married ($88,000), as allowed under MGL Chapter 59, Section 5, Clause 41 A.