This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting.
Link to Full Meeting
Hebron residents are set to experience changes in their motor vehicle tax assessments following a recent discussion by the Board of Selectmen on July 10, 2025. The meeting addressed significant adjustments to how motor vehicles are valued for tax purposes, a topic that has generated considerable buzz in local media and social platforms.
Suzanne, a member of the board, highlighted the confusion surrounding the new assessment methods, which have shifted from an average retail value to a Manufacturer's Suggested Retail Price (MSRP) model. This change, mandated by state legislation effective October 1, 2024, introduces a fixed depreciation schedule that reduces vehicle values by 5% annually, ultimately capping depreciation at 80% after 14 years. The aim is to provide a consistent reduction in vehicle values, responding to fluctuations observed during the COVID-19 pandemic.
Despite an increase in the number of registered vehicles, Hebron has seen an overall reduction of $4 million in the total value of its motor vehicle grant list due to these new assessment practices. However, the impact on individual taxpayers may vary. While many residents are expected to see a decrease in their tax bills, some vehicles may have increased in value due to the reset to MSRP, leading to potential confusion and dissatisfaction among owners.
The board acknowledged the need for clear communication to address public concerns and misinformation. They proposed inviting an assessor to future meetings to clarify these changes and answer questions from residents. Additionally, the board discussed the implications of the new assessments on property taxes, noting that any reduction in revenue from motor vehicle taxes could lead to adjustments in real estate and personal property taxes.
As the town prepares for a revaluation in 2026, the board emphasized the importance of transparency and education regarding the new tax assessment process. Residents are encouraged to reach out to the town office to verify their vehicle assessments and ensure accuracy in the new system.
Converted from Hebron Board of Selectmen - July 10, 2025 meeting on July 11, 2025
Link to Full Meeting