Posted by & filed under Announcement, News.

 

2017/2018 Tax Rate:

Homestead = $1.8129  ($.5192+$1.2922+$.0015)

Non-Residential = $1.9596  ($.5192+$1.4389+$.0015)

Municipal Tax Rate: $.5192

            2017-2018 Amount to be raised by taxes       $908,088

            2017-2018 Municipal Grand List                  $1,749,112

 

Education Tax Rate:

            Homestead = $1.2922

            Non-Residential = $1.4389

 

2017-2018 Summary:

Municipal Tax Rate= $ .0059 increase or 1.15% increase

Education Tax Rate:

            Homestead = $1.2922 a $.0108 increase or .8% increase

            Non-Residential = $1.4389 a $.0786 decrease or 5.2% decrease

Total Homestead = $.0172 increase or less than 1% increase

Total Non-Residential = $.0722 decrease or 3.5% decrease

 

Local Agreement Tax: $.0015

Eligible properties (6)

Voter approved Property Assessment Exemption $40,000 = 240,000/100

Total Exemption                                             $2,400

2017-2018 Municipal Grand List                  $1,749,112

 

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