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Taunton Board of Assessors: State certifies FY25 values; land valuations to be reexamined
Summary
The Massachusetts Department of Revenue certified Taunton’s FY25 values and approved new tax rates. The state directed a review of land valuations that the board said is likely to raise land assessments; officials reminded taxpayers of abatement and billing deadlines and described planned software upgrades.
The Massachusetts Department of Revenue has certified the City of Taunton’s fiscal 2025 property values and approved new tax rates, the Taunton Board of Assessors said at its Dec. 19 meeting. Officials also said the state directed the city to reexamine land values, a move the board said is likely to increase land assessments.
Why it matters: The certified tax rates set the base for bills customers will receive and the state-directed land revaluation could raise assessments on both residential and commercial parcels, prompting more abatement filings and staff inspections.
The board reported the FY25 residential tax rate is $10.94 per $1,000 of assessed value and the commercial rate is $23.78 per $1,000. Officials said FY25 bills were committed to the collector for mailing on Dec. 31; the fourth-quarter payment is due May 1. The board set Feb. 3, 2025, as the deadline to submit abatement applications for…
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