RadioBDC Logo
One Armed Scissor | At The Drive-In Listen Live
THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
Newburyport | BRIEFS

Property taxes are going up

December 4, 2011
Text size +
  • E-mail
  • E-mail this article

    Invalid E-mail address
    Invalid E-mail address

    Sending your article

    Your article has been sent.

Faced with a decline in assessments, the City Council voted Monday to raise this fiscal year’s property tax rate from $12.07 to $12.80 per $1,000 of assessed value. If the rate is approved by the state Department of Revenue, the average single-family home, assessed at $445,200, will see an increase of roughly $325 in its annual tax bill. The new rates will be reflected on the tax bills issued in January and April. Newburyport’s property tax rate is the same for residential, commercial, and industrial properties. City records show the average commercial property is valued at $1,005,000 and the average industrial property is assessed at $1,766,000, according to city assessor Daniel Raycroft. - Brenda J. Buote

  • E-mail
  • E-mail this article

    Invalid E-mail address
    Invalid E-mail address

    Sending your article

    Your article has been sent.