Weymouth Council Sets FY2023 Tax Shift, Accepts Cunningham Bequest and Land Gift
Weymouth Town Council unanimously set the fiscal year 2023 commercial tax shift at 1.46, limiting the average residential tax increase to $134.
WEYMOUTH -- November 21, 2022, Weymouth Town Council unanimously set the fiscal year 2023 commercial tax shift at 1.46, limiting the average residential tax increase to $134. The council voted 10 to 0 Monday on Measure 22-132, accepting the Board of Assessors' recommendation presented by Chair Paul Haley, who said a uniform rate would have imposed a $575 increase on the average single-family home assessed at $467,000. The town's maximum allowable levy stands at $130,592,766, boosted by $1.8 million in new growth and a debt exclusion for the Chapman School project. The council also accepted approximately $65,000 in charitable bequests from the estate of Sandra Cunningham, split among the Tufts Library, elder services, and the town scholarship fund, and took title to a 0.035-acre parcel at Washington and Broad streets donated by Union Towers for use as a sitting park.
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