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.
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