New tax rates, higher tax bills

Selectmen on Monday approved a tax rate of $16.38 per $1,000 of valuation for residential properties, and $32.90 per $1,000 of valuation for commercial and industrial properties for this fiscal year. The new rates translate into a tax bill of $4,701 on a single-family home assessed at $287,000, the average value in Hudson. The total represents an increase of $216, or 4.8 percent, from the bill for last year’s average residential property.

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