Politics & Government
Rising Property Values Push Burlington Taxes Higher
The average homeowner will see their tax bill go up $195 after selectmen set property tax rates for the upcoming year.
BURLINGTON, MA -- Selectmen voted to decrease tax rates Monday but, thanks to rising property values, most property owners will see their tax bills go up. The owner of the aveerage home in Burlington will pay $195, or 3.8 percent, more than the current year. The new residential property tax rate is $10.48 for $1,000 of assessed value, down from $10.62.
Property values rose 5.3 percent in Burlington this year to $502,500 from $477,000 a year ago. Selectmen set commercial tax rates at $27.22 per $1,000 of assessed value, down from $27.56.
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Dave Copeland can be reached at dave.copeland@patch.com or by calling 617-433-7851. Follow him on Twitter (@CopeWrites) and Facebook (/copewrites).
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