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Bedford Council keeps tax rates steady, adopts full PPTRA relief for vehicles under $20,000
Summary
The Town Council on April 7 voted to maintain the real estate rate at $0.28 per $100 and the personal property rate at $1.06 per $100 for 2026 and adopted a resolution applying state PPTRA funds (and town dollars) so vehicles valued under $20,000 receive full relief.
The Town Council voted April 7 to keep the real estate tax rate at 28 cents per $100 of assessed valuation for fiscal year 2026–27 and the personal property tax at $1.06 per $100 for calendar year 2026. Town Manager Bart Warner framed the action as routine but noted the town saw an approximately 2.29% increase in real-estate revenues attributable entirely to new construction.
Council also adopted a resolution to exhaust the Personal Property Tax Relief Act (PPTRA) funds received from the Commonwealth — $280,647 — and to apply additional town funds so that vehicles assessed at less than $20,000 receive full relief. Warner said the total relief applied last year was $470,629, meaning the town covered roughly $190,000 beyond the state contribution. The motions to adopt the real-estate and personal-property rates and to set the PPTRA relief passed unanimously (six members voting; one member absent).
