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Split tax rate approved

November 20, 2011

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On the recommendation of the Advisory Board, selectmen have voted to retain a split tax rate next year and shift 4 percent of the levy from residential taxpayers to commercial and industrial taxpayers. The new residential rate is $15 per $1,000 of assessed value; the commercial rate is $15.75 per $1,000 of assessed value. The shift, in place for the past five years, limits the tax burden on residential taxpayers. Last year, the shift was 3 percent. The changes will be reflected in January’s third-quarter tax bill.

- Michele Morgan Morgan