Government
2025 Watertown Property Taxes Rising, But Bills Still Lower Than 2022
|
Charlie BreitroseWatertown’s City Hall. Property taxes will rise nearly 6 percent over last year, but will still be lower than they were in Fiscal Year 2022 (2021-22). On Tuesday, City Council approved a property tax rate with the maximum amount of the burden shifted from residential to commercial, industrial and personal properties, and the maximum residential exemption for owner-occupied homes. During the Property Tax Classification Hearing, the Council heard from people concerned about the rising taxes, as well as the recent five-year property revaluation process. Tax Bills
The Council got to choose the maximum exclusion for residential properties, either 33 percent (the same as last year), 34 percent, or 35 percent.