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The Cost

Enter THIS YEARS tax bill::


This is the additional amount you will need to pay next year with the override:

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The chart below illustrates the cost of the override for each year until 2010.

It does not include any other overrides that may occur or any revaluations that will take place.

The Cost of The Override
Average Home Value
Average Property Tax
Year
392,000
$3552.00
Current
With the override
$3705.00
Current
392,000
$3798.00
2006
392,000
$3893.00
2007
392,000
$3990.00
2008
392,000
$4090.00
2009
392,000
$4192.00
2010
We have already seen our taxes go up this year due to the revaluation and the usual 2 1/2 increase. If the Override passes it will mean an additional increase of $153.00 on average.

By the year 2010 the average homeowner will be paying over $640.00 more in property taxes than they are now.

*These increases are assuming no increase in valuation or additional overrides


Increasing the tax burden on Wakefield taxpayers should always be the last resort.














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