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The Board of Selectmen held the annual property tax classification hearing on Monday, November 19, 2007 at 7:30 PM. The purpose of the hearing, held pursuant to MGL C.40,s.56, was to determine the allocation of the local property tax levy among the five property classes for Fiscal Year 2008. The Board of Assessors provided the following information regarding the various policy decisions available: Presentation1 Presentation 2 Presentation 3 10-year Res cf. CIP Following the Assessors' presentation, the Board of Selectmen voted to adopt Option No. 5, to establish the residential factor at 0.9060, producing similar percentage increases for the average residential and commercial tax bills. |