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Braintree council adopts 175% commercial tax classification, approves small-business exemption
Summary
The Town of Braintree council unanimously approved a 175% commercial/industrial tax classification for FY2026 and adopted a small-business commercial exemption, which town staff said will modestly raise the commercial rate while saving about $1,545 on average for single-family households, the council heard.
The Town of Braintree council voted unanimously on Dec. 2 to adopt the mayor’s recommendation to set a 175% commercial, industrial and personal-property classification for fiscal 2026 and to approve a small-business commercial exemption for qualifying firms.
“We’re projecting that number to be closer to a 127,800,000.0,” said Mike Heswin, identified in the transcript as director of municipal finance, as he outlined the town’s projected tax levy and valuation. Heswin said total…
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