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Derby Select Board approves higher 2026 tax rates
Summary
The Derby Select Board voted unanimously to set the 2026 Total Homestead rate at $2.0932 and the Total Non‑Homestead rate at $2.4528, both higher than 2025 levels; the vote followed review of the town's financial reports.
The Town of Derby Select Board approved new tax rates for 2026 during its July 20 meeting, setting the Total Homestead rate at $2.0932 and the Total Non‑Homestead rate at $2.4528. Board members noted the rates are increases from 2025, which were $1.98665 for homestead and $2.3279 for non‑homestead.
Board member Gwen Bailey-Rowe moved to approve the rates and Brad Shattuck seconded; the motion passed unanimously. The approval followed the Board's review and signing of the balance sheet, budget status, delinquent tax, and general journal reports earlier in the meeting. The minutes record that the Board considered the calculated rates as presented to them and approved them as the town's official 2026 tax rates.
The rate change will be reflected on property tax bills issued for the 2026 tax year. The meeting record does not specify how the additional revenue will be allocated among town programs or budgets; that detail was not provided in the minutes.
