The ad-hoc Residential Exemption Policy Study Committee will hold an informational meeting:
Tuesday, December 11, 7:00 PM
Cary Memorial Building
1605 Massachusetts Ave.
To submit a question before the meeting, please email
At this meeting, they will update residents on their research, explain the 2 exemption concepts they have, and ask for community comments. This input will help guide the Committee's final report to the Selectmen.
About the Residential Exemption
The state passed a law allowing towns to provide a partial property tax exemption to some or all owner-occupied homes. Properties that are not owner-occupied do not qualify.
The decision to adopt this option can be made by the Selectmen at the annual Tax Classification Hearing.
In order to keep the exemption revenue-neutral:
- the tax rate is increased
- all residential parcels are taxed at the new, higher rate
- some, or all, owner-occupied homes receive the exemption
Commercial properties are unaffected by the residential exemption.