Get email alerts on the Tax Rate topic
No spam. Unsubscribe anytime.
Lincoln Selectboard approves FY27 tax rates, citing about a 6% increase
Summary
The Town of Lincoln Selectboard voted unanimously to adopt FY27 tax rates — Homestead 1.0653 and Non‑Homestead 1.2144 — which the town administrator described as roughly a 6% increase; approval precedes tax-bill computation scheduled for Aug. 10.
The Town of Lincoln Selectboard unanimously approved new property-tax rates for fiscal year 2027, accepting Homestead and Non‑Homestead rates that Town Administrator Trish Waugh said "came to about a 6% increase." The approved figures are Homestead 1.0653 and Non‑Homestead 1.2144, yielding total residential and non‑residential rates of 1.6013 and 1.7504, respectively.
Waugh told the board the municipal rate is driven by the budget and that the Selectboard must approve the tax rate before staff computes tax bills; tax-bill computation is scheduled for Aug. 10. Ken Stockman moved to accept the rates as presented and Joe Martell seconded; the motion carried 5–0. The board’s vote fulfills the statutory step required to proceed with mailing and billing timelines for the upcoming fiscal year.
Board members did not record further adjustments to the rates at the meeting. The approval follows the town’s budgetary process and will be reflected in bills computed after the state-provided homestead and non‑homestead components are combined with the municipal rate.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
