Joseph Benavidez
News Staff Writer
After completing a town-wide reassessment on property values, the assessors office is recommending a plan that would increase the average residents’ tax responsibility by nearly $500 annually ultimately setting the tax rate for fiscal year 2015 to $22.28. The current tax rate for the town is $19.83.
“The biggest reason for such a jump is the schools,” the Board of Assessors said during the public hearing held during the Dec.1 Board of Selectmen meeting.
The report reads that the average single-family valuation for 2015 will be $201,657 and should the newly proposed tax rate take affect, $22.28 per thousand, would leave the average family paying roughly $4,493 next tax season.
However, it should be noted that these figures are only estimates at this time.
