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Real
Estate
The Board of Assessors is
responsible for placing a value on all land, buildings and personal
property in the town. A value is placed on each real estate parcel
in the town as of January 1 of each year. That value is used
to calculate the tax due for the following fiscal year, beginning
July 1.
For the
current fiscal year, FY2006, beginning July 1, 2005 the tax rates
are:
For
residential property and open space: $10.07 per $1000 of value
For commercial
and industrial property: $17.74 per $1000 of value
The total tax
due for the year is billed in four installments with due dates of:
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August 1 |
| November 1 |
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February 1 |
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May 1 |
Please note: The dates
above are the dates by which the payment must be received by the
Collector. They are not postmark dates.
Because the
tax rate is usually not set until the late fall of each year, the
first two tax bills are estimates based on the bill for the previous
fiscal year. Once the tax rate is set, the final two bills are
adjusted so the total bill for the year is correct.
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