Property tax rate increases
Selectmen voted to retain the town’s single tax rate for fiscal 2012, and raised it to $9.62 per $1,000 of assessed valuation, from $9.40. For a house with the median value of $450,000 in Marion, the tax bill would increase around $100. The Board of Assessors recommended maintaining the single tax rate, saying that establishing different rates for commercial and residential properties in the largely residential town would unduly burden commercial property owners. Over the past 10 years, the rate has ranged from $12.70 per $1,000 of valuation in 2001 to $7 in 2006.
- Paul Kandarian