Real Estate Taxes

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Real estate tax bills are generated from the Grand List prepared by the Assessor every October 1st. The bills are mailed the following June.

  • Bills under $100 are due IN FULL July 1st, payable by the first business day of August.

  • Bills over $100 are due in two installments. The first installment is due July 1st, payable by the first business day of August and the second installment is due January 1st, payable by the first business day of February. No mailing is sent for the second installment.

To avoid a penalty:

  • Payment for the first installment must be postmarked, hand delivered or paid online by the first business day of August. Payments made after the first business day of August will incur interest at the rate of 1.5% per month calculated back to the July 1st due date (interest charge in August is 3%; 1.5% for July, 1.5% for August).
  • Payment for the second installment must be postmarked, hand delivered or paid online by the first business day of February. Payments made after the first business day in February will incur interest at the rate of 1.5% per month calculated back to the January 1st due date (interest charge in February is 3%; 1.5% for January, 1.5% for February).

Taxes are calculated by multiplying the assessed value times the mill rate. For example:

If 100% value of home is $200,000, the tax is calculated as follows:

$200,000 x 70% = $140,000 (the assessed value)

$140,000 x .0251 (mill rate of 25.1) = $3,514.00/year

Incremental bills for newly constructed homes are issued between July and January each year.

PLEASE CONTACT OUR OFFICE IF YOU:

  • Pay off your mortgage and no longer escrow your taxes.

  • Are a new owner of property in town

 CLICK HERE TO VIEW AND/OR PAY REAL ESTATE TAXES ONLINE

 

FAQs

  • How do I change the mailing address for my real estate tax bill?
  • I no longer own the property for which I received a tax bill. What should I do?
  • My taxes are escrowed. Why did I receive the tax bill?
More FAQs