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Hampden Keeps Single Tax Rate; Board Rejects Open‑space, Residential and Small‑business Exemptions
Summary
The Town of Hampden select board voted to retain a single tax rate and rejected three optional exemptions, after assessors reported FY26 valuations rose to roughly $1.3 billion and projected an average single‑family tax‑bill increase of about $631 (≈10%).
The Hampden select board voted at its Nov. 24 meeting to adopt a single tax rate for fiscal 2026 and to reject an open‑space discount, a residential exemption and a small commercial exemption.
Principal Assessor Jane Ferntino told the board the Massachusetts Department of Revenue approved town valuations for FY26, with the town’s total valuation increasing from about $977 million in FY25 to roughly $1.3 billion for FY26 — an increase of about $53 million. The average single‑family home value rose…
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