Board of Selectmen Votes for Single Tax Rate
Selectmen voted in a single tax rate for residential property, as well as commercial/industrial and business owners.
Selectmen stayed with their pro-business philosophy Thursday, voting in a single tax rate for residential property, as well as commercial/industrial and business owners. Board members Mary Steele and Robert Salvo were absent. Residential properties make up almost 84 percent of the town’s tax base, while commercial/industrial occupy only 16 percent, a ratio the board would like to change. Director of Assessors Lisa Cathcart said the proposed single rate of $14.92 across the board would increase the taxes on the average single family home by $246, about a 6 percent hike. Cathcart calculated the average home in Norton at $281,500. Increases felt by commercial and industrial properties vary by size – small commercial properties would see a 10 …
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