Board of Assessors
|Kenneth L. Manning||2026|
|Jeffrey J. Skerry||2025|
TOWN OF MEDFIELD
TAX CLASSIFICATION PUBLIC HEARING
The Medfield Select Board will hold a public hearing on Tuesday, December 5, 2023, at 7:00 PM in the Chenery Meeting Room, 2nd Floor, Town House, 459 Main Street, for tax classification purposes.
The central issue to be discussed during this tax classification hearing is whether all five classes of property: residential, open space, commercial, industrial, and personal shall be taxed at the same rate or at different rates for the fiscal year 2024. (MGL c.40, sec.56) The Board of Assessors will provide relevant information regarding the tax rate including the fiscal effects of available alternatives.
Interested taxpayers are urged to attend the hearing. Written and oral statements from interested taxpayers will be accepted by the Select Board's office and considered at the hearing.
FISCAL YEAR 2023 REAL ESTATE VALUES
Property values have increased town-wide. Some property valuations have increased more than others due to the increase in their respective neighborhoods or housing factors (including building permits and corrections).
The Department of Revenue requires assessments to be based on fair market value (sales). The FY 2023 assessments are based on the calendar year 2021 sales. Sales prices have been strong over the last several years in Medfield, with very large increases seen since the end of 2020-today. Residential assessed values on average went up 16.5%. The tax levy, the amount needed to be raised through taxation has increased by approximately 3% over last year. These two factors reduced the tax rate from $17.42 (FY 2022) to $15.43 (FY 2023). The average single-family tax bill is $12,952.
Excise Tax Information
New Legislation: Solar
SOLAR Laws have changed and will go into effect on June 24, 2021. Please read the following and refer to the laws noted:
New Solar Legislation* sets in place new criteria for a system to be considered tax-exempt:
Produces 125% or less of energy needed (includes contiguous or other property owned with that community), or is a 25kw or less system
If a system does not meet either of these criteria, the applicant can do a PILOT. An authority to connect notification certificate should be submitted as documentation to prove tax-exempt eligibility unless otherwise noted on the building permit documents.
If a system does not meet the exempt criteria or does not execute a PILOT, it would be taxable.
*Chapter 8 of the Acts of 2021 (sections 61, 62, 63, 97, 98) signed March 26, 2021 – goes into effect 90 Days from signing or June 24, 2021
Income & Expense Forms: Commercial Property Owners
Income & Expense forms for FY 2024 were mailed on 2/1/2023 to all Commercial & Industrial property owners. The forms were due by 4/5/2023. The form can be found above in the documents list. All commercial and industrial property owners are requested to fill out the information to help determine market values for the community. Those that do not complete the forms are subject to a fine. Even if the property is fully owner-occupied, the Board requests that the expenses section of the form is completed and "owner-occupied" clearly written on the form.
Tax Rate Information
The tax rate is the town’s budget divided by the total town’s taxable valuation. The town’s budget is a product of Town meeting appropriations required for services, capital expenditures, equipment, etc. These appropriations are adjusted by revenue received by the town and other expenditures. The Tax Rate for Fiscal Year 2023 is $15.43.
The Board of Assessors is the local agency responsible for the assessment and administration of all local taxes provided for by the General Laws of the Commonwealth. The mission of the Board of Assessors is to ‘‘truly and impartially, according to its best skill and judgment, assess and apportion all such property taxes and neither overvalue nor undervalue any property subject to taxation’’ - Massachusetts General Laws Chapter 41, Section 29.
The Board is supervised in its administration of local taxation by the Department of Revenue’s Division of Local Services, as provided by Chapter 58 of the General Laws. Among other duties, the Division of Local Services reviews the Board’s assessment procedures every five years in order to certify that the property is being assessed at its full cash value. Every five years the Department of Revenue audits the Board of Assessors’ records and procedures for certification. The Department of Revenue’s last certification of the Board of Assessors’ records and procedures was done for the Fiscal Year 2020.