Selectmen set Wayland’s tax rate

Wayland Patch 12/14/11: Wayland Selectmen Set Uniform FY12 Tax Rate. The average Wayland property owner will pay less in FY12 property taxes than they did in FY11 thanks to a vote at Special Town Meeting and the Board of Selectmen’s subsequent approval of a tax rate of $19.01 per $1,000 of assessed value. The average Wayland residential home value in FY12 is $593,050, which means the average taxpayer will owe $11,274. For comparison, the average home value in FY11 was $592,285 and was taxed at a rate of $19.35 per $1,000 of value for an average tax bill of $11,460. Also on Monday, selectmen voted to maintain a uniform tax rate for residential and commercial property in town, citing a desire to attract business as Wayland Town Center is developed and to help the small businesses already in town.

Wayland Town Crier 12/13/11: Selectmen set Wayland’s tax rate. The Board of Selectmen voted last night to set the residential and commercial tax rate in town at $19.01 per $1,000 of property value for the current fiscal year, which ends in June 2012, a lower rate than the previous year. The owner of the average single-family home, assessed at $593,050, will pay $11,273 in taxes this fiscal year. At special Town Meeting in November, residents approved a tax relief article calling for the town to apply additional free cash to the already approved fiscal 2012 budget.

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