Wilmington Taxpayers to See Spike in 2013

Partially because of the new high school, the average taxpayer will see an increase of about $413 on their tax bill in the upcoming year.

Construction hasn’t yet begun on the new Wilmington High School, but the financial impact of the project will be seen for the first time in 2013. During Monday’s Board of Selectmen meeting, Principal Assessor Skip Moynihan said that taxpayers will see a slight increase in this year’s tax rate mostly due to the approval of the new high school. Based on Moynihan’s recommendation, selectmen supported the classification shift of 1.75 this year, the same as it has been shifted since 2008. By doing so, the impact on residents will be minimized, Moynihan said. Moynihan estimated that the Wilmington residential tax rate will be $13.61 per $1,000 of assessed value while the commercial rate will be $32.08 per $1,000. In 2012, the Wilmington tax rate…

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Question of the Day

Question of the Day: What Do You Think of Wilmington's Tax Situation?

Let us know in the comments section below.

The numbers are in. On average, Wilmington residents will see an increase of about $101 on their upcoming tax bill, though the number depends on the value of your home. It's a smaller increase than last year, when residents saw a spike of about $125. Principal Assessor Skip Moynihan provided the numbers of nearby towns, which had significantly higher increases than Wilmington. So for today's questions, we want to know: How do you think Wilmington has managed its annual tax rate compared to other towns? What issues do you have about the way Wilmington handles its finances? How will this increase impact your family? Let us know your thoughts on these questions and anything else on your mind in the comments section below.

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