Posted in Government News

Wayland residents to vote on ‘OPEB tax holiday’

Wayland Town Crier 3/20/14: Wayland residents to vote on ‘OPEB tax holiday’. Other Post-Employment Benefits, also known as OPEB, the plan by which Wayland provides…

Continue Reading...
Posted in Government News

How Does Your Tax Bill Compare to those in Wayland’s Peer Towns?

Wayland Patch 1/8/13: How Does Your Tax Bill Compare to those in Wayland’s Peer Towns?. By now you’ve probably seen your first tax bill of 2013. You’ve seen the rate of $17.89 per $1,000 of assessed value, and you’ve possibly even taken a look at how that rate compares to some other towns. And while the list of tax rates is interesting, a couple of readers have posed the question of how Wayland’s tax situation compares to that of its peer towns, as voted on by the Finance Committee in September 2012.

Continue Reading...
Posted in Government News

How Does Waylands FY12 Tax Rate Compare?

Wayland Patch 1/6/12: How Does Waylands FY12 Tax Rate Compare?. FY12 property tax rates are set, and action by Wayland residents at a November Special…

Continue Reading...
Posted in Government News

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.

Continue Reading...
Posted in Government News

Tax limit puts strain on town budgets

Metrowest Daily News 12/8/11: Tax limit puts strain on town budgets. Many MetroWest communities are operating at their property tax limits and have seen a decrease in local receipts and local aid from Beacon Hill, according to a recently released annual report put out by the Massachusetts Taxpayers Foundation, who called fiscal year 2010, "the weakest (in funding) two-year period in the Proposition 2½ era." While on average, Massachusetts communities increased their property taxes by 2 percent, Ashland, Framingham, Holliston, Natick, Sudbury and Wayland are at 0 percent, meaning that property taxes are increased as much as is allowed by proposition 2½, a state law that allows municipalities to increase taxes only up to 2.5 percent annually. “Those communities have raised their taxes to the maximum amount allowed every year,” said Carolyn Ryan, policy analyst at the Taxpayers Foundation. “In an ideal world you would have a bigger space there so that when you hit difficult times, you have room to increase tax without an override but at the same time having a huge difference may indicate that you’re not providing all the services you should.”

Continue Reading...
Posted in Government News

On taxes, a push for some cash back

Boston Globe 10/30/11: On taxes, a push for some cash back. Some Wayland residents say the town is padding its coffers by overtaxing property owners…

Continue Reading...
Posted in News

Wayland selectmen OK single tax for fiscal 2011

Metrowest Daily News 11/23/10: Wayland selectmen OK single tax for fiscal 2011. With an eye toward attracting more business, selectmen last night unanimously voted to retain a single tax rate for residential, commercial and industrial property in fiscal 2011. All five selectmen expressed a desire to encourage commercial development, especially with the Town Center project coming on board within the next year or so. Even if the maximum gap between residential and commercial rates was adopted, the relief for the average residential taxpayer would amount to only $300.

Continue Reading...