Wednesday, December 19, 2012
The average bill will increase less than $9 for 2013, while shifting less of the tax burden to commercial and industrial properties will move that tax rate below $40.
- LOCAL CONNECTIONS
- Keith Regan
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Wednesday, December 19, 2012
A divided Framingham Board of Selectmen voted to approve a split tax rate for 2013 that results in a modest increase in residential tax bills and shifts less of the tax burden onto commercial property owners than in past years. By a vote of 3 to 2, Selectmen approved a 2013 residential tax rate of $17.84 per thousand dollars of valuation and a commercial rate of $39.98. The average single family home, valued at $324,152, will see a tax bill of $5,782.87, an increase of $8.92. If a full shift of 1.75 percent had been approved, as in past years, the average single family home tax bill would have dropped by just under $14. Instead, Selectmen adopted a 1.74 percent shift. Selectman Jason Smith called the smaller shift "an investment in …
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Framingham Town Hall: Memorial Building
150 Concord St, Framingham, MA
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Tuesday, December 20, 2011
Despite frustration and unanswered questions, the Board of Selectmen approved a tax rate increase of 1.75% for fiscal year 2012 for residential property taxpayers.
Monday night, the Board of Selectmen reluctantly approved a residential property tax increase of 1.75% for 2012. In a meeting characterized by frustration and disbelief, Selectmen repeatedly questioned Chief Assessor Daniel Dargon on his numbers. Under Dargon’s report, assessed home values will go up 3.33% for the average residential homeowner, even as property values have fallen significantly. With a higher tax rate, Dargon projected the average homeowner could see their annual tax bill increase by $364.74. "I'm just flabbergasted,” said Chair Jason Smith. "People are going to get killed with a tax increase this year," Selectman Charles Sisitsky said, noting taxes on his own house will go up 7% next year. "How are we going to explain this…
Wednesday, December 8, 2010
Next year, the average homeowner could see a $5,200 tax bill, despite falling property values. With the rate increase, average homeowner can expect to pay about $220 more.
The Board of Selectmen unanimously approved the new property tax rate for fiscal 2011, last night. Selectmen also vowed to look for ways in which the town can increase its allure to small businesses. The new property tax will increase to a rate of $16.04 per $1,000 of assessed value for residential parcels. This 4.45 percent increase over last year from $14.52 will increase the average homeowner's tax bill by approximately $220. Next year, the average homeowner could see a $5,200 tax bill despite falling property values. Property values in Framingham are following national trends, said Chief Assessor Daniel Dargon. Compared with last year, residential properties saw a 5.9 percent overall decrease in assessed value. The average single-…
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Framingham Town Hall: Memorial Building
150 Concord St, Framingham, MA
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Herb Chasan
4:15 pm on Thursday, December 20, 2012
The town is limited by Prop. 2 1/2 in what it can raise from property taxes. The town does live within those revenues except when an override is requested for an exceptional expense such as remodeling the high school. more ›