Understanding This Year’s Property Tax Increase

Property tax bills go out twice a year, in October and May. When your first bill of fiscal year 2027 arrives in early October, you’ll notice an increase. Here’s why, and where that money goes.

Where your tax dollars go

Property taxes are the Town’s largest source of revenue, making up more than 70% of the total budget. That funding covers services every resident relies on:

• Schools and education
• Employee salaries and benefits
• Road maintenance and snow plowing
• Water and wastewater management
• Public safety
• Day-to-day operations
• And more

Why property taxes went up this year

Property taxes are up because of an increase in the tax levy — the amount the Town needs to raise in taxes to run the government and offer essential services. Voters decide the levy at Annual Town Meeting each May.

The budget items residents voted for at Town Meeting last May brought the tax levy to $24,075,031 — an increase of $2,193,165, or 9.12%, over last year’s levy of $21,881,866, even though the Town’s own operating budget rose by only 2.4%. That gap can be confusing, so here’s what’s behind it:

School reserve funds are used up. Over the past couple of years, the schools have drawn on reserve funds to help cover general education and operating costs. That kept the tax rate artificially low for a while — but those reserves are now exhausted, so this year’s budget reflects the full cost of services without that cushion. This year’s school district budget increased by $2,142,728.

Health insurance costs have spiked. Employee health insurance costs fluctuate from year to year, and they’re currently at an elevated level.

Inflation affects Town spending too. The same price pressures you’re feeling at home — on groceries, gas, and everyday goods — also hit Town government. Vehicles, fuel, tools, supplies, and contracted services all cost more than they did a few years ago.

There is less state aid to offset the amount of tax revenue needed. [⚠️ state aid stat — confirm which framing: “fallen since 2007 from about 11% to 5% of total local taxes or budget?” vs. “4.7% of the budget this year, never above 4.9% in five years, down three years running”] That means Williamstown now relies more on property taxes to make up the difference.

It’s NOT the new Fire District building. Your tax bill includes a separate line for the Fire District tax. The Fire District runs its own budget, separate from the Town’s. It’s governed by its own board, the Prudential Committee, and is a separate taxing authority from the Town. The Fire District tax is actually down slightly this year. Fire District expenses do not directly affect the Town’s tax levy.

How the tax rate is set

Here’s how the Town determines the property tax rate per $1,000 of assessed property value:

Take the total amount the Town needs to raise (the tax levy, approved by voters at Town Meeting). Divide it by the total assessed value of all taxable property in town. Then multiply by 1,000.

$24,075,031 (Tax Levy) ÷ $1,588,062,712 (Total Taxable Value) × 1,000 = $15.16 per $1,000

The Fire District, a separate taxing authority, set its own rate at $1.15 per $1,000.

How much is the tax bill going up?

For the median single-family home, valued at $468,400, the town portion of the tax bill is $7,101, up by $661 from last year. That’s a bigger increase than we’ve seen in the recent past. Last year, the increase was $380. The Fire District portion is actually going down slightly to $539 for a median single-family home, a drop of $23.

How your assessment factors in

Your share of the Town’s total tax bill depends on your property’s assessed value — what the Town says it’s worth. Town Assessor Chris Lamarre updates property values each year to reflect current market trends.

To learn more about how the assessor determines property values, read on below.

Check your own assessment

You can check your own property assessment on the interactive Geographic Information System (GIS) map.

Search by last name → open your property card by clicking “Patriot Property Card” → select “Assessors Record Card” or “Summary Record Card” to see your property’s assessed value.

Thank you for paying your tax bills on time. We appreciate your understanding as we work to keep the budget responsible while maintaining the services residents rely on.

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