SACO — A decision on whether or not to implement a tax deferral program for seniors has been postponed.

The council has been in discussion recently regarding a proposed program that would be open to those at least 70 years old, who have lived in the city for at least 10 years and have an income that does not exceed 300 percent of the federal poverty level. The deferred property taxes would incur an interest rate of .5 percent above the otherwise applicable rate for delinquent taxes.

Taxes would be collected when the owner dies, or the house is sold or transferred to a new owner.

The council was set to vote on the tax deferral program at Monday night’s city council meeting.

Councilor Bette Brunswick said with the Legislature eliminating the circuit breaker program, it put the burden on municipalities.

“I have great respect for all Saco seniors, but I support all Saco taxpayers,” said Brunswick.

Brunswick moved to table a vote on the program until a later date, and the council unanimously approved the motion.

After the meeting, Brunswick said this will give the council time to study all available options and programs and “have a more educated vote.”

The council also voted to make some housekeeping adjustments to the city’s Volunteer Work-off Program, which allows seniors to receive a $750 tax abatement in exchange for volunteer work.

Councilor Leslie Smith said he wanted to open the program to all taxpayers, regardless of age.

“It’s our town, it’s our money, it’s our program,” he said.

However, according to city staff, the program is restricted by state law to those 60 and older.

— Staff Writer Liz Gotthelf can be contacted at 282-1535, ext. 325 or egotthelf@journaltribune.com.