Property Tax Rate Comparison Chart: Westwood and Area Municipalities

Editor’s note: The chart below is a small sampling of tax rates of area municipalities. To review other rates not specifically listed, click the reference link to Department of Revenue, below the article.

By Peter T. Ittig, Ph.D, Contributor

During the fall, the Massachusetts Department of Revenue receives and approves new tax rates for the 352 municipalities in Massachusetts. Most have now been approved, including Westwood on December 7, Needham on December 8, and Norwood on December 14. See below for a comparison of some of the approved rates for FY2024. 

These rates include the effect of both the new total tax levy, including overrides, and the new property assessments.

Tax bills will be issued soon to homeowners in Westwood using the new tax rates. These will be “actual” or final quarterly bills for Fiscal Year 2024. Payment of these “actual” bills is normally due on February 1st and May 1st.

See,

https://westwoodminute.town.news/g/westwood-ma/n/228360/explaining-estimated-impact-westwood-property-tax-rate-increase-fy2024

https://dlsgateway.dor.state.ma.us/reports/rdPage.aspx?rdReport=Tracking.TaxRateFormStatus

Thanks to Professor Peter Ittig for contributing this news to Westwood Minute. Professor Ittig was a member of the of the Westwood Finance & Warrant Commission from 2019 to 2022.

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