Greenfield council stays with single tax rate
GREENFIELD — Town Council has once again voted a single tax rate for the town.
The council took just minutes this week to vote the same tax classification for businesses and residences, so they will pay the same tax rate this year.
Last year, now Town Council President Mark Wisnewski proposed a split tax rate, but that was defeated.
Town Assessor Audrey Murphy estimates the tax rate will be set by the state’s Department of Revenue at between $20.50 and $20.54 per $1,000 of value of each property this year. The state is expected to set the rate before the end of the year.
The current tax rate is $20.72, so there will be a decrease of about 20 cents, but according to town officials, taxpayers can expect to pay about the same in property taxes this year, because valuations will most likely even everything out.
Town officials said some valuations have gone down and some up, so the majority of taxpayers will see similar tax bills, while some may see a slight increase or decrease.
Once the state sets the rate, it will be retroactive to July 1.
The town’s tax rate is set by dividing the town’s need for local taxes by the total value of all taxable real estate in town. The assessor could not be reached on Thursday, so those numbers were not available.
About 75 percent of the town’s real estate is residential and the rest is a mix of commercial and industrial.
Murphy said anyone who would like to research home values may do so online, at the assessors office in Town Hall or at the library.
The assessors office is open Monday, Wednesday and Thursday from 8:30 a.m. to 5 p.m. and Tuesday and Friday from noon to 5 p.m.