Wayland eNews :: Tax Estimator

Wayland Property Tax Estimator for FY09
All tax values calculated are annual values. (NOTE: These values are preliminary. They are recommendations from the Finance Committee, but have not yet been approved by the Board of Selectmen. Calculations are preliminary as well, and have not yet been approved by members of the Finance Committee)
What is your current home assessment? (please DO NOT enter any commas or decimal places)

Don't know your assessment? Look it up here (this link will open a new window; enter your address in the yellow box and hit the Submit Query button)

All values are annual		If Both Override & Debt Exclusion Fail	If Override Passes	If Debt Exclusion Passes	If Both Override and Debt Exclusion Pass	Difference due to...	Difference
	FY08 (Current) Annual Taxes
	Current CPA
Growth in Taxes
	2.5% Tax Growth (regardless of override)
	With Override Tax impact (3.97%)					Override:
	with Debt Exclusion (0.49%)					Debt Exclusion
	growth in CPA (1.5% of taxes)					CPA (if both overrides pass
		---------------	---------------	---------------	---------------		--------------
	Total Annual Tax increase					All
FY 09 Taxes (Annual)
	FY09 Annual Taxes
	FY09 CPA

Note: these values are approximate: they are based on the assumption that your assessment will go up by the same percentage as the town as a whole. Assessment changes vary, however, so your taxes may go up by more or less than these amounts should your property assessment growth differ from the average. Numbers may not sum precisely due to rounding.

Note: CPA contributions accumulate in a Community Preservation Act fund that is spent on projects housing, open space and recreation projects in the Town of Wayland. The state matches each dollar the Town's inputs to this fund. The state currently matches 1:1, but starting July 1, the match ratio will be reduced as the state does not have adequate funds for a full match.

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