FY26 Tax Classification Hearing Summary
On November 18, the Board of Assessors presented key decisions for FY26:
- The single tax rate has been set at $12.81 per $1,000 of assessed value.
- * Residential tax rate was increased to $12.82 per $1,000 following a reduction to the taxable base as a result of the Means-Tested Senior Exemption (inaugural year)
- The Board is recommending to retain a single tax rate for all property classes (no split rate).
- No residential exemption, open-space discount, or small commercial exemption will be adopted for this fiscal year.