Tax rate to rise in Sunderland
SUNDERLAND — An average homeowner in Sunderland will pay slightly more this year in property taxes as a result of a vote Monday by the Select Board.
A homeowner will pay $13.42 per $1,000 of assessed property value for fiscal 2013. This is a 3 percent increase from last year’s $12.97 per $1,000 tax rate.
The board agreed to keep a single tax rate for residents based on a recommendation by the Board of Assessors.
“It’s an equal allocation of the tax burden for all tax classes,” said assessor Mike Skibiski. “We’re a small community with limited commercial property.”
Close to 88 percent of properties in Sunderland are residential. Although the owners of apartment complexes profit from renting their property, the complexes are classified as residential units according to state law because they provide housing.
The total residential tax value is $303 million. The apartments make up $38 million of the housing value in Sunderland.
The valuation is slightly lower than last year. Last year’s valuation was $347,237,491. This year it is $345,107,072. This change has caused the increase in the tax rate.
The growth revenue is down from $53,110 to $23,944.
“This reflects the fact that a lot fewer houses are being built and there are less additions,” said assessor Lee Whitcomb.
The tax rate is a proposal. It needs approval from the state Department of Revenue before it becomes final.