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Mansfield Select Board sets residential factor at 1.38, shifting tax burden modestly

Town of Mansfield Select Board · November 6, 2024
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Summary

After a public hearing, the Select Board adopted a 1.38 residential factor for fiscal 2025, a shift the board said would raise estimated single‑family bills about 3% and condominium bills about 8% while slightly reducing commercial and industrial shares.

The Mansfield Select Board on Nov. 6 voted unanimously to set the town’s residential factor at 1.38 for fiscal 2025, a move the board said was intended to spread tax changes more evenly across property classes.

The action follows a public hearing in which Chief Assessor Anne McCarthy reviewed the statutory process for setting the residential factor and presented comparative tables showing how different shifts (from a single tax rate up to a 1.5 factor) would affect average bills for single‑family, condominium, commercial and industrial property. In explaining the effect of keeping the rate at current levels, McCarthy said a residential factor at the current dollar rate would mean “residential would have 5% increase, condos would have 11% … commercial would have a decrease.”

A select board member moved to adopt a 1.38 shift, describing the result as roughly a 3% increase for homeowners, about an 8% increase for condominiums, a 6% increase for commercial taxpayers and a 5% increase for industrial taxpayers. Board members debated equity between classes, noting recent rapid appreciation in condominium values and the difficulty of balancing changes across four tax classes. After discussion the motion was seconded and the board approved it unanimously.

Why it matters: The residential factor determines how the town spreads the tax levy among property classes; even small percentage changes can materially affect household budgets and commercial costs. Staff said the board’s decision now will allow the town accountant to finalize levy certification and set tax rates for the coming year.

What’s next: Town staff will submit the certified figures to the Department of Revenue and complete billing steps; the town accountant was asked to provide a certified vote record for the rate upload following the meeting.