The board approved a 5 per cent residential exemption at its meeting Wednesday, allowing some of the property tax burden to shift onto owners of second homes and rental properties.
Residential tax exemption
2024
September 26, 2024
West Tisbury year-round and seasonal residents continued voicing their opinions about a proposed residential tax exemption at a select board meeting Wednesday in anticipation of a decision later this fall.
2014
December 11, 2014
We are elderly folks in Vineyard Haven and attended the selectmen’s meeting Dec. 9 and just wanted to make a couple of comments.
2013
November 21, 2013
Tisbury selectmen voted to set a tax rate of $8.46 for the coming year, slightly above last year’s rate of $8.01.
And after discussion at the public tax classification hearing Tuesday, a majority of the board agreed that the town should take steps to gradually shift away from the practice of allowing a residential tax exemption for year-round homeowners.
For this year the residential tax exemption will be lowered from 20 to 18 per cent.
