Selectmen Vote Unanimously on 2013 Tax Classification
The Board of Selectmen voted on residential and commercial property on Tuesday evening.
The Board of Selectmen voted unanimously in favor of setting the tax levy burden at a CIP of 1.73, putting the tax rates at $11.65 for residential property and $18.98 for commercial property for every thousand dollars. “Each year at about his time we look at the tax shift between single-family and commercial property,” Selectman Dick Benka said. “I don’t see any compelling reason to change where we are at right now at 1.73 percent.” “We don’t change our assesments by uniform factor and the market doest react that way either,” Town Assessor Gary McCabe said. “Our recent history has been to shift our tax levy about six and three-quarters percent from the residential class to the commercial class.” That shift is taking a six and three-…
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Publius
3:10 pm on Thursday, November 29, 2012
Any thought given to, you know, trimming the budgetary fat, rather than automatically going for the tax hike? No, I didn't think so. more ›