Property Values on the Rise, Selectmen to Vote on Next Year's Taxes
Chief Assessor walked the Board of Selectmen through the town's rising property values, and possible rises in property taxes.
Brookline's property value is heading up, and that could have an effect on your property taxes. The Board of Selectmen are still looking at the issue, and will not take a vote until the yearly hearing on tax classifications, slated for next week: Dec. 6. Chief Assessor Gary McCabe presented his findings for the fiscal year 2012 findings at the Board of Selectmen's meeting last night. According to McCabe's work, the town's value stands at over $15.26 billion, a 2.26 percent increase from last year. How that shift will translate to the various taxable categories in town has yet to be determined. McCabe presented the Board with a range of options for how to apply the shift in commercial, industrial and personal (CIP) property tax and …
