Tuesday, December 20, 2011
Listen to chilly stories at the library, take a look at your new tax rate, and be happy that Thomas Edison invented the lightbulb.
Our morning column, 5 Things You Need to Know, provides you with information that can help you plan your day and give you some fodder for water cooler conversations. 1. The Board of Selectmen approved the tax rate for next year, and rejected tax classification. 2. Listen to "chilly" stories about snow, ice and all things winter today at a storytime at the Northborough Free Library. 3. Mothers And More hosts a member-led discussion about ways to give back to your community and ways to foster the spirit of gratitude and altruism in your children today at The Senior Center. 4. Did you know on Tuesday nights you can eat dinner at the Senior Center? It's open to all. 5. Some On the Day in History fun: in 1790, the first successful cotton mill …
Again, the town set the tax rate for Northborough, keeping with a single rate.
On Monday night, the Board of Selectmen voted, unanimously, to act upon the recommendation of the finance department and town administrator, and maintain the single tax rate for FY2012. Set at $15.49, it will increase 58 cents from FY2011. Since 1979, Northborough has rejected converting to a split tax rate, which would approve tax classification. Tax classification, which surrounding towns such as Marlborough have adopted, artificially shifts the tax burden, lowering residential rates and raising the rate on commercial and industrial properties. "It allows the board to shift the tax burden from residential properties to other properties," said Town Administrator John Coderre. "It doesn't add any tax dollars [to the town]. All it does is …
Tuesday, May 24, 2011
This week's numerical factoid for Northborough explores the tax rate, and taxpayers.
The tax rate for FY11 was $15.11 (per thousand), as compared to $14.38 in FY10 and $13.76 in FY09. That means the average tax bill for Northborough residents was $5,971 in FY11. The top ten local taxpayers for FY11 were AVB Northborough, Cabot II, Iron Mountain Information Mange, Massachusetts Electric Corp., MM Industrial Bee Man, Norton Co., Wal-Mart Real Estate, GN11 Forbes RD, Bailard Lyman St. and Northborough Land Trust Realty.