The primary reason for the the July 7 Select Board Meeting was to set the tax rate for FY 2014-2015.
There are three components that make up Cavendish taxes: town, which is the same for residents and non-residents; school taxes, slightly less for non residents but set by the state; and Fire District. The tax rates per $100 of assessed property value are as follows, with the FY 2013-2014 listed in parentheses:
• Fire District 1 (Proctorsville)
Residential 1.8501 (1.8063)
Non Residential 1.8261 (1.726)
• Fire District 2 (Cavendish)
Residential 1.8373 (1.7895)
Non Residential 1.8133 (1.7658)
Depending on Fire District and residency status, tax rates have increased anywhere from 2.2% up to 2.6%. The increase was primarily due to changes made at this year’s town meeting, which waived taxes for Black River Health Center and Fletcher Farm; added a new recreation department; and granted a Veteran’s Homestead Exemption.