FY2020 Tax Classification

The Board of Selectmen held a Tax Classification Hearing on November 25, 2019 to determine the percentage of the Town’s property tax levy to be borne by each major property class as described in Chapter 40, Section 56 of MGL.

The Board of Assessors has calculated the following tax rates needed to raise the tax levy for FY20:

Property Class
• Residential = $17.76
• Commercial = $17.76
• Industrial = $17.76
• Personal Property = $17.76
NOTE: The FY20 rate is an estimate only and may change upon review of the Department of Revenue.

The following is an example of typical residential tax change of an average single family home with the $17.76 rate:

Residential Class Average FY19 Value Average FY19 Tax at $17.21 Average FY20 Value Average FY20 Tax at $17.76 Change expected for FY20 period
Single Family Homes $219,320 $3,774 $219,946 $3,904 +130

In accordance with MGL, Ch. 40, Sec. 56, the Board of Selectmen voted to approve the change, pending approval of the Town’s annual tax recap by the Massachusetts Department of Revenue.

Click here for FY20 Tax Classification Hearing Report.