All things being equal, if there were no changes to the Board of Education and Board of Selectmen budgets as proposed, the mill rate upon which taxes are figured here would increase from 27.3371 to 27.7750, according to information presented by the Board of Finance on March 27. Finance chairman Jeffrey Rutishauser made this point during a public hearing Monday night on the Board of Selectmen budget at Middlebrook School.
The mill rate is the amount of taxes paid per $1,000 of assessed property value. That means, for example, that the owner of a property assessed at $700,000 would pay $19,135.97 in taxes under the current mill rate. That would increase to $19,442.50 under the higher mill rate.