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Middlesex plans no general tax hikes, proposes airplane personal property rate cut tied to new hangars
Summary
County Administrator Kevin E. Gentry said the budget keeps real estate and vehicle personal property taxes steady while proposing a reduced personal property tax rate for airplanes tied to 24 new hangars and greater aviation activity; a December 2026 reassessment could change future revenue projections.
In presenting revenue assumptions for the proposed FY 2026–2027 budget, County Administrator Kevin E. Gentry told the Board that there is "no planned increase in real estate and personal property taxes for vehicles," while proposing a reduction in the personal property tax rate for airplanes to reflect expected increased aviation activity tied to a new terminal and 24 hangars. He also noted the county currently holds $14.3 million in investments that provide a stable return for revenue forecasting.
Gentry cautioned that the countywide reassessment scheduled for completion in December 2026 could alter future revenue projections. "Real estate and sales tax revenues are projected to remain relatively flat, but the current reassessment is expected to be completed in December 2026, which could alter future revenues," he said. The revenue plan leaves the Board room time to consider stable rates now while monitoring reassessment results later in the year.
