Post date: Aug 17, 2017 5:32:35 PM
Bill Barkin to present annual update on tax classification. Attachments below show projections and recommendations from Board of Assessors.
Recommendation that Board of Selectmen agree with vote of Board of Assessors such that
On the matter of classifying the tax rate:
To vote a residential factor of “1”
On the matter of an open space discount:
Not to grant an open space discount since there are no parcels in town designated as open space or Class 2.
On the matter of a residential exemption:
Not to grant a residential exemption
On the matter of a small commercial exemption:
Not to grant a small business exemption which would shift the tax burden within the commercial, industrial and personal property classes
Voting in accordance with these recommendations would retain the historical pattern of taxation in Williamstown.