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Peekskill
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taxes budgetMedium priorityopen

Veterans and military property tax exemptions

Peekskill

Summary

Three new or expanded property tax breaks are on the table: full exemptions for seriously disabled veterans (about $40,000 citywide impact, helping up to 26 vets), a 50% exemption for surviving spouses of police officers killed in the line of duty, and up to 25% off for combat-zone active-duty service members. All would take effect with the 2027 assessment roll if adopted.

At a glance

Total mentions
1
Last 30 days
1

Discussed at 1 meeting in the last 60 days; most recently Nov 2, 2026.

Impact analysis

💰Financial impact

The veterans exemption alone would cost roughly $40,000 in forgone city and library tax revenue — about $1,540 per qualifying household.

✅Who benefits

Disabled veterans, gold-star police spouses, and combat-zone service members who own homes in Peekskill.

⚠️Who could be affected

No one directly, though the exempted revenue is shifted across the remaining tax base.

Mentions & discussions (1)

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