"The town has opted to continue with a single tax rate for residential and commercial properties for the fiscal year 2017.
As a result, the average single-family home will see an estimated $229 increase in its tax bill.
The Town Council held a public hearing on the rate during its Dec. 7 meeting, during which members of the Board of Assessors gave a short presentation. Board chairman Ken Norman explained that its recommendation would increase the rate by eight cents, rising from $14.50 per $1,000 assessed value to $14.58.
According to the assessors' data, home values in town have gone up over the past year; the average single-family home in fiscal year 2016 was listed at $398,300, while the 2017 average is $411,800 - a 3.5 percent climb."Continue reading the article online (subscription may be required)
For the complete summary of the Town Council meeting Dec 7
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