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BerkshireRealEstate.info 
Berkshire Town & Country Realty |
Property Taxes: Real estate assessments, not to be confused with the appraised or future market value of a property, are determined, under state regulations, by the Town’s Assessor. The mill rate, (1/1000th of one dollar), is the amount of tax per $1000.00 of assessed value. Assessments are determined when a home is new and ready for occupancy, hence creating a starting point. The purpose of this assessment is to generate enough tax revenue to cover the towns operating budget. Massachusetts mandates a re-certification of each municipality's property values every year to ensure they are at full and fair market value. If the total town’s assessments increase, it is possible for the town to reduce the mill rate, which should keep the homeowners tax burden roughly the same, remembering the only two things in life you can be sure of!
Southern Berkshire
County mill rates by town |
