Voters could face a Prop 2-1/2 override next year, selectmen call financial projections ‘troubling’

Expenses are going up and revenue is going down. That was the conclusion of a 5-year financial analysis recently completed by Town Accountant Brian Ballantine. It’s a scenario that could have voters facing a Proposition 2-1/2 override vote as soon as next year. Read the full article → from Voters could face a Prop 2-1/2 override next year, selectmen call financial projections ‘troubling’

The average property tax bill in Southborough will go up nearly $400 this year

The tax bill for the average Southborough family is going to go up by $392 this year, a 4.9% increase over last year. In approving the tax rate Tuesday night, the Board of Selectmen said the increase reflects the will of Town Meeting. Read the full article → from The average property tax bill in Southborough will go up nearly $400 this year

Selectmen reverse decision, increase residential tax rate

From behemoth EMC to the tiny mom-and-pop shops in town, members of Southborough’s business community turned out in force last night to protest last month’s decision to tax commercial property at a higher rate than residential property. In the end, Selectmen voted 2-1 to reverse their decision and return to a single tax rate. Read the full article → from Selectmen reverse decision, increase residential tax rate

Selectmen approve split tax rate — what it means for your property taxes

Southborough is going to try something a bit different with property taxes this year. For what I believe is the first time ever (someone correct me if I’m wrong), selectmen last night set two tax rates – one for residential properties and second higher rate for commercial properties. Read the full article → from Selectmen approve split tax rate — what it means for your property taxes

Poll: What do you think of Southborough property taxes?

I’ve heard plenty of talk about property taxes around town lately. Some say they’re too high, others think they’re comparable with area towns. I haven’t heard anyone say they’re too low, but I suppose it’s possible. Sounds like a good topic for the next My Southborough poll. You’ll find it off to the right in Read the full article → from Poll: What do you think of Southborough property taxes?

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