Property Taxes Will Likely Increase 5% In Shrewsbury

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Shrewsbury Town Manager Daniel Morgado warned that, without new growth, the overall worth of Shrewsbury property would have decreased.
Shrewsbury Town Manager Daniel Morgado warned that, without new growth, the overall worth of Shrewsbury property would have decreased. Photo Credit: John Swinconeck (file)

SHREWSBURY, Mass. — Taxes for residential and commercial properties in Shrewsbury will be increasing.

During a Tuesday hearing, selectmen learned that property taxes would likely increase 5 percent over last year. Property in Shrewsbury would be taxed at $11.67 per every $1,000 of valuation.

The average tax bill would increase by $178.

Tax revenue in town has increased by only 4 percent, according to Shrewsbury Principal Assessor Christopher Reidy.

The town's value has been increasing slightly since 2011. However, if it hadn't been for new growth in the past year, the town would have been worth less in 2012 than in 2011, Town Manager Daniel Morgado said.

"That is why tax rate goes up," Morgado said, referring to an overall downward trend of property values in Shrewsbury. "We need to focus on what the tax bill is, not what the tax rate is."

Selectmen agreed by consent to support a single tax rate, meaning that residential, commercial and other properties will all be taxed at the same rate.

The board will continue the hearing until Thursday at 7:30 a.m., at which point they may vote to approve it.

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Comments (3)

Taxes are why we have nice things.

However, the expenses of the town continue to increase. Unless we find additional sources of revenue, the only means to pay for the services Shrewsbury expects and demands is taxation. Historically our voters have rejected projects that might have brought additional (non residential tax) revenue to town. We vote as if we wish to be a bedroom community, therefore we need to live with the consequences or start voting with a broader view of the world.

My house is worth less, and I am paying more in property tax. That doesn't seem logical. Logic would have, if the property value decreases, the amount of tax on the property should decrease, not increase.