Q. How are taxes calculated?
A. Taxes are ((Assessed Property Value * .001) * Current Mill Rate)
Q. What is a Mill Rate?
A. A Mill Rate is the property tax rate expressed in tenths of a cent per dollar of assessed valuation.
Q. How is a Mill Rate calculated?
A. The Mill Rate is ((Town Budget - State Funds) / (Total Grand List Value - Exemptions)) * 1000
Q. What is the Grand List?
A. The Grand List is a listing of all real estate parcels, personal property and motor vehicles in the town.
Q. What is the current Mill Rate?
A. The Mill Rate for the 2009-2010 budget is 23.65.
Q. Where can I find property assessment information?
Q. Who determines property values?
A. The town Assessor assigns property values.
Q. When was the last property revaluation?
A. The last property revaluation was completed in 2007.
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