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Friday, January 4, 2013

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2013 Tax Rates: How Does Weston Compare?

Weston's residential tax rate is relatively low compared to other municipalities nearby.

As 2013 begins, property tax rates are increasing for residents across Massachusetts, including in Weston — so how does that compare to surrounding communities? Out of 19 communities in the area, Weston's 2013 residential tax rate lands among the lower rates, according to rates compiled by Patch through the state Department of Revenue's Division of Local Services. The Weston Board of Selectmen voted on the 2013 rate at a tax classification hearing last month. The residential and commercial/industrial rate is $12.40 per $1,000 of assessed value. With Weston's average home assessment of about $1.3 million, that means the average tax bill will come in at about $16,000. Sudbury's 2013 residential tax rate of $17.99 is the highest of the nearby…

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