{"id":10995,"date":"2025-09-03T19:59:08","date_gmt":"2025-09-03T23:59:08","guid":{"rendered":"https:\/\/townunderground.com\/?p=10995"},"modified":"2025-09-03T20:03:45","modified_gmt":"2025-09-04T00:03:45","slug":"town-manager-explains-recent-tax-assessment-letters-9-3-2025","status":"publish","type":"post","link":"https:\/\/townunderground.com\/?p=10995","title":{"rendered":"Town Manager Explains Recent Tax Assessment Letters, 9\/2\/2025"},"content":{"rendered":"\n<p>Town manager, Shaun Mulholland, explains property tax assessments at the 9\/2\/2025 Town Council meeting. The manager clarifies that an\u00a0increase in a property&#8217;s assessment\u00a0does\u00a0not automatically lead to higher taxes. Instead,\u00a0revaluations reset property baselines, with\u00a0different property types increasing in value at varying rates\u00a0based on market demand. The\u00a0final tax rate, set in the fall, depends on factors like\u00a0new property additions\u00a0and the\u00a0town&#8217;s overall revenue needs. This process means\u00a0individual tax burdens are uncertain until all variables are accounted for, especially as\u00a0residential properties have seen higher value increases\u00a0than commercial ones in the current market.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Town Manager Explains Recent Tax Assessment Letters, 9\/3\/2025\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/OeqsSLCpP6w?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Town manager, Shaun Mulholland, explains property tax assessments at the 9\/2\/2025 Town Council meeting. The manager clarifies that an\u00a0increase in a property&#8217;s assessment\u00a0does\u00a0not automatically lead to higher taxes. Instead,\u00a0revaluations reset property baselines, with\u00a0different property types increasing in value at varying rates\u00a0based on market demand. The\u00a0final tax rate, set in the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-10995","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/townunderground.com\/index.php?rest_route=\/wp\/v2\/posts\/10995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/townunderground.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/townunderground.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/townunderground.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/townunderground.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10995"}],"version-history":[{"count":3,"href":"https:\/\/townunderground.com\/index.php?rest_route=\/wp\/v2\/posts\/10995\/revisions"}],"predecessor-version":[{"id":10998,"href":"https:\/\/townunderground.com\/index.php?rest_route=\/wp\/v2\/posts\/10995\/revisions\/10998"}],"wp:attachment":[{"href":"https:\/\/townunderground.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/townunderground.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/townunderground.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}